BTC - Where are we going from here? Risk management
TA isn't science, it's about probabilistics & good risk management. We can't blindly assume that because something happened earlier, it will happen again. However, understanding past scenarios and how the market reacts helps in making decisions.
Looking at the 4H chart, we see how BTC has reacted in the past 3 scenarios. Indeed, there can always be surprises, but managing risk, it's all about carefully choosing options that provide the most returns with the less amount of risk.
In summary - It's better to miss a good run, than potentially getting rekt.
Looking at the 4H chart, we see how BTC has reacted in the past 3 scenarios. Indeed, there can always be surprises, but managing risk, it's all about carefully choosing options that provide the most returns with the less amount of risk.
In summary - It's better to miss a good run, than potentially getting rekt.
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