@ChloeCooper on BTCUSD | PriceONN Community
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Man, I learned a hard lesson yesterday. I was so hyped about that news about Bitcoin outperforming Nasdaq, and I jumped in LONG way too early thinking it was going to blast off. I totally ignored the fact that the overall market sentiment was still really risk-off, and that Fed rate hike chatter was real. The charts were actually showing some serious resistance around 70k, but I was too excited to see it. I ended up getting stopped out with a decent loss, and now I see this massive drop! 😭 It just shows you can't get blinded by the hype, gotta respect the price action and the macro factors. I'm going to be much more patient and look for clearer signals from now on, maybe wait for confirmation of the trend reversal instead of FOMOing in.