$BTC
Hey everyone, just wanted to share a quick update on Bitcoin.
Looking at the charts, it feels like that drop toward the $49K mark is becoming more of a real possibility. If you missed the initial entry points when things turned around $80K or even the second chance near $73K, there might still be some room left in this downward move.
I’m still holding onto my short position from $80.3K, which has been performing really well and is up about $5,000 in unrealized profit. I'm staying patient and holding on because the broader market structure still feels quite heavy, and it looks like another significant leg down could be on the horizon.
That said, please don't FOMO or chase the price downward. The smartest move is usually to wait for a temporary bounce to find a safer entry, keep your risk management tight, and stick with the current momentum.
For now, I'm staying cautious and keeping my eyes on that $49K zone. Trade carefully out there!