I see the whole twitter guessing and predicting the next move on bitcoin, some believe we will go 1000$-1200$ down first to take liquidity others predict we go up first 1000$-2000$.
No body can tell you the next move weather its up or down, which is why you trade the breakout and breakdowns.
Whatever anyone thinks or predicts is fine, what is risk management here is that we don’t position our self in any direction here.
Always trade the breakdown or breakout not the chop.
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I see the whole twitter guessing and predicting the next move on bitcoin, some believe we will go 1000$-1200$ down first to take liquidity others predict we go up first 1000$-2000$.
No body can tell you the next move weather its up or down, which is why you trade the breakout and breakdowns.
Whatever anyone thinks or predicts is fine, what is risk management here is that we don’t position our self in any direction here.
Always trade the breakdown or breakout not the chop.