I saw another technical analysis on Bitcoin ($BTC ) — decided to share my opinion.
In my opinion, technical analysis does not always work. No matter what anyone says and what ‘perfect’ signals are seen on the chart — the market often breaks all expectations.
Why is that, you may ask?
It's simple 👇
Imagine a situation: everything looks bullish on the chart, most people open long positions… but at that moment news comes out — escalation of war, political statements, and on top of that, Trump says a couple of words - the market immediately crashes down.
📉 Result: the technical analysis was there, but the news background completely overshadowed it.
My advice:
Don’t get stuck only on technical analysis. Always keep an eye on the news and the overall market sentiment — it’s no less important.
The market is not just charts, it’s also emotions, politics, and global events.
#TrumpConsidersEndingIranConflict #MarchFedMeeting #war #news #Bitcoin❗