Post
Topic
Board Trading Discussion
Re: BTC falls below $92 in the last 24 hours
by
tvplus006
on 13/01/2025, 23:42:05 UTC
BTC falls below $92 with altcoins on a downtrend in the last 24 hours, is it a good advantage for traders?

It all depends on which order was opened by the trader. For those traders who have opened a short position, this is undoubtedly a good opportunity to make a profit. And if a trader had a long open, then most likely his position was liquidated by the exchange.

For those who trade on the spot market, this price reduction for all coins is a good opportunity to buy at a reduced price.