🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
The discourse of trading:
Effectively managing risk and setting stop-loss orders requires following these key steps: ◔ Assess market volatility to determine appropriate stop-loss levels; ◔ Calculate the maximum allowable loss per trade based on your risk tolerance; ◔ Use loss ratio controls to adjust position sizes according to market conditions; ◔ Develop clear exit strategies and profit targets for each trade. Emotional discipline in trading is crucial to adhering to the risk management plan. While it is easy to be swayed by emotions in trading, you must always stick to your predetermined stop-loss and exit rules. By doing so, you can avoid significant losses while maintaining consistency in your trading strategy.