🧠 LEARN TRADING IN 1 MINUTE

Topic: BTC, RSI + Fibonacci Retracements in a Bear Market

🔸 Simple Explanation

$BTC (Bitcoin) is in a short-term bearish structure. When the price drops sharply, the RSI helps to identify if the movement is overextended, while Fibonacci marks areas where the price tends to react.

🔸 Example (BTCUSDT)

BTC broke key supports and reacted at Fibonacci retracement areas (0.382 – 0.5), showing small bounces within a larger bearish trend.

🔸 Common Mistake

❌ Buying just because the RSI is oversold.

A low RSI does not mean that the price will immediately rise if the trend remains bearish.

🔸 How to Use It Well

✅ Use RSI to confirm, not to anticipate.

✅ Combine RSI + structure + Fibonacci.

✅ Trade in favor of the dominant trend and with risk management.

💡 Remember:

Your best strategy is discipline.

📣 Save it for review.

#AprendeTrading #AnfeliaInvestment #Bitcoin #BTC #BinanceSquare $BTC

BTC
BTCUSDT
87,008.8
-2.89%