Daan Crypto Trades
Daan Crypto Trades|Sep 04, 2025 19:39
BTC Has seen many retests of its .382 Fibonacci retracement level after a big run up. This is generally seen as a sign of a bullish trend. Yet, when that (small) correction & slow down comes, sentiment turns bearish quickly and top calls come in. Even the bulls somehow keep forgetting that price nevers goes up in a straight line and when price goes down 5% it must be manipulation according to many. We've seen this a dozen times this cycle and the same happens every time. Big move, slowdown, people over fixate on small things that are priced in like a CPI print or rate cut and then proceed to chop themselves up and capitulate right before the (healthy) correction is done. As long as there's higher highs and higher lows, the trend is your friend. Just be careful with the high leverage, especially after a big move has already happened and price action starts stalling out. Still expecting higher later in 2025.(Daan Crypto Trades)
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