The UK's political landscape is shifting, the PM has resigned, and the Chancellor's position is up for grabs. Normally, news like this would send other assets tumbling, but BTC only rose by 0.42%, indicating it's really decoupling from traditional markets. However, don't rush to call a bull market just yet; uncertainty isn't fully settled. The $62,000 to $61,500 range might act as a short-term bottom, but the concern is whether liquidity will suddenly dry up. If the pound continues to fall and the dollar strengthens, BTC might come under pressure. So, I wouldn't suggest going all-in; let's wait and see if $60,000 can hold. To be honest, chasing pumps right now carries high risk; it’s better to wait for a clear signal. If BTC can consolidate around $62,000 for a few days, then it might be a good time to consider entering. Make sure to set your stop-loss; don’t get too greedy.
#BTC #risk management
#BTC #risk management