BTC 54k?

i strongly recommend closing your position around these levels, i really dont see it breaking 70-73k right now. if your plan is to close at BE... youre gonna get liquidated before that happens

either way GL!
 
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ZeroGravityGardener said:
maybe. Currently, BTC has recovered to 67,000. I expect this to break even.

It's very difficult to do that. It's the same for everyone at the school. Have you ever been to this school before?
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What kind of school?
 
ZeroGravityGardener said:
maybe. Currently, BTC has recovered to 67,000. I expect this to break even.

It's very difficult to do that. It's the same for everyone at the school. Have you ever been to this school before?
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we're going to low 50s, 52k btc next. After that, next support level is 45k. bull run next year
 
Don't add funds just to avoid liquidation. If you wouldn't open the same trade today, cut it or reduce size. Protect your capital first.
 
No one can answer that without knowing your risk tolerance and account size. Adding margin reduces liquidation risk but increases exposure. Make sure you have a clear risk-management plan instead of averaging down emotionally.
 
arig0ld said:
i strongly recommend closing your position around these levels, i really dont see it breaking 70-73k right now. if your plan is to close at BE... youre gonna get liquidated before that happens

either way GL!
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Luckily, BTC recovered at the 65-67k level.

zaiu1776 said:
we're going to low 50s, 52k btc next. After that, next support level is 45k. bull run next year
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I believe BTC will soon reach the 55k price range, but a drop to 45k is practically impossible.
PhantomPharaoh said:
Bro, you caught a nasty ride. Looking at the current price of 65k, you are in a better spot than last week, but still underwater. Personally, I would not add more money to a losing leverage trade-that's how you get wiped out. Set a tight stop-loss and learn the lesson
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I'm hoping to get around 70k, then I'll fix the error. Currently, I'm dealing with a significant account issue.
 
shikusu said:
I’m fairly certain we’ve bottomed out and we’re going to crab around on these price levels for a bit before going back up, might start picking up momentum around Q4.
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Currently, BTC is recovering very well. Hopefully, we will find BTC at 70k by the end of this week.
 
You need to relax for now . Don't cut the losses yet, there are some really strong support levels that must be broken before it goes down to 54k.
 
Unfortunately for you, BTC is still fluctuating between 62k and 64k. I'm also holding BTC long-term and currently don't dare open long positions. This year is still in a downtrend, and in my opinion, BTC hasn't found its bottom yet. I think the 54k mark will be reached in Q4 of this year.
 
hoping for 70k by the end of the week is just trading on pure emotion... and that usually ends with a blown account. if you add more cash to lower the liq you are just risking more capital on a really bad entry. been there myself and it completely ruins your sleep. maybe just close half the position to get some breathing room? at least that way you reduce the stress and don't get completely wiped if we wick down to 54k.
 
Nobody can predict where it will go but i think hitting 100k+ is realistic its just a matter of time.
 
ThePPCJoker said:
Nobody can predict where it will go but i think hitting 100k+ is realistic its just a matter of time.
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I second this. Today i bought around 50k usd worth of BTC, when it hits 80 or 90 i sell, no matter how long it takes.
 
I think Bitcoin could drop to around $54,000 next month if the peace negotiations between the United States and Iran fail.
 
I believe Bitcoin could fall to around $54,000 next month if the peace negotiations between the United States and Iran break down.
 
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