The Next Week of BTC: Resistance at $70k or Drop to $65k? My Quick Analysis
Good morning everyone! Let's get straight to the point: the #Bitcoin (BTC) is at a crucial decision moment. I am keeping an eye on two key levels this week: 1. The Critical Resistance ($70,000): This zone has acted as a psychological and technical ceiling. If BTC can break and close above $70k with significant volume, I believe we will have room to seek new historical highs. 2. The Vital Support ($65,000): If there is not enough buying strength and the market pulls back, the $65,000 level is the immediate support. A decisive break below this mark could trigger more selling and take us back to the $62,000 zone.
📊 My Perspective Although the long-term trend is strong (thanks to institutional demand), I see signs of short-term exhaustion. I am cautiously optimistic. Sideways consolidation is healthy, but it needs to resolve soon. My bet: The sideways movement continues, but the probability slightly leans towards a test of $70k before a stronger pullback.
⚠️ Remember: This is just my opinion and not financial advice. Always do your own research!
$ Avoid Rookie Mistakes: My Essential Stop-Loss Rule (Don't Trade Without This!)
Hello everyone from #BinanceSquare! When we start in the crypto world, it's easy to become obsessed with gains and forget the most important thing: protecting our capital. My essential rule, which I advise all beginners, is: NEVER MAKE A TRADE WITHOUT SETTING A STOP-LOSS. 🛑 Why is Stop-Loss Crucial? 1. Protection Against Unexpected Drops: The crypto market is volatile. An unexpected event can cause the price to drop 20% in minutes. The Stop-Loss is your safety net. 2. Emotional Management: It allows you to trade logically, without letting fear or greed take over. The loss is already "pre-programmed" and acceptable. 3. The 1-2% Rule: I only risk, at most, 1% to 2% of my total capital on any single trade. If the loss is hit, your account won't be drastically affected. 👉 How to apply? Before opening any position (buy or sell), decide where the Stop-Loss will be placed. Ideally, it should be at a point that invalidates your investment thesis. If the price reaches there, your initial bet was wrong, and it's time to exit. Don't let a small loss turn into a catastrophe. Protect your capital! What is your most important risk management rule? Let us know in the comments! 👇 Suggested Hashtags for your post (to reach more people): #GestaoDeRisco #CriptoDicas #bitcoin #Trading #Binance