Max Trades|Aug 01, 2026 20:41
BTC
This was exactly the move I was anticipating.
Although I got stopped out at break even, price respected my levels and has now pushed lower just as expected.
This time I couldn't capitalize on it, but that's just part of trading. At the end of the day, protecting my capital was definitely the right choice and shouldn't be viewed as a mistake.
From here, I believe it's possible that we continue lower, especially since most of the downside liquidity still hasn't been cleared.
If price breaks below $62.5K, a bearish continuation toward the $61.8K–$61.3K area becomes increasingly likely.(Max Trades)
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