Closed half of my BTC long position around the 93.8k level. The price action here has been showing resistance, so I decided to lock in some profits and reduce exposure while maintaining upside potential with the remaining position. This kind of partial profit-taking at key price levels helps manage risk without completely exiting the trade. Keeping the other 50% running to catch further moves if the breakout holds.
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governance_lurker
· 7h ago
Smart move, hitting the 93.8k level so precisely. I'm also considering whether to follow the trend and reduce my position.
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TokenTaxonomist
· 7h ago
data suggests your resistance thesis is taxonomically questionable... per my analysis, 93.8k lacks the statistical rigor to classify as a genuine inflection point, but hey, half-position closures do reduce systematic risk exposure so that's algorithmically sound at least
Closed half of my BTC long position around the 93.8k level. The price action here has been showing resistance, so I decided to lock in some profits and reduce exposure while maintaining upside potential with the remaining position. This kind of partial profit-taking at key price levels helps manage risk without completely exiting the trade. Keeping the other 50% running to catch further moves if the breakout holds.