Coinglass: Focus on Trading Rules, Not Predictions

- Bitcoin is currently trading in an uncertain zone with industry members predicting $70,000.
- The Bitcoin Liquidity HeatMap shows buying density at $61,000 if BTC breaks resistance.
- Bitcoin is currently trading at $60,900, facing sluggish movement and an uncertain future.
Blockchain analytics platform Coinglass suggests traders should focus on their own strategies rather than chasing lofty price predictions.
Coinglass’s comments come amid widespread speculation on Bitcoin’s potential to reach new highs. However, the platform reminded traders that the market is inherently unpredictable and emphasized the importance of having a well-defined trading plan.
Meanwhile, the Bitcoin Liquidity Heatmap showed strong buyer interest at $60,000 and $61,000. However, the leading digital asset has failed to retain price a…
The post Coinglass: Focus on Trading Rules, Not Predictions appeared first on Coin Edition.
Coinglass: Focus on Trading Rules, Not Predictions

- Bitcoin is currently trading in an uncertain zone with industry members predicting $70,000.
- The Bitcoin Liquidity HeatMap shows buying density at $61,000 if BTC breaks resistance.
- Bitcoin is currently trading at $60,900, facing sluggish movement and an uncertain future.
Blockchain analytics platform Coinglass suggests traders should focus on their own strategies rather than chasing lofty price predictions.
Coinglass’s comments come amid widespread speculation on Bitcoin’s potential to reach new highs. However, the platform reminded traders that the market is inherently unpredictable and emphasized the importance of having a well-defined trading plan.
Meanwhile, the Bitcoin Liquidity Heatmap showed strong buyer interest at $60,000 and $61,000. However, the leading digital asset has failed to retain price a…
The post Coinglass: Focus on Trading Rules, Not Predictions appeared first on Coin Edition.