Technical analysis by MadWhale about Symbol BTC on 8/10/2025

In the crypto market, a mistake is not just a note on paper, it’s money leaving your pocket. Sometimes you need to lose money to feel the real lesson. If you learn from it, that loss can make you a better trader. Hello✌️ Spend 2 minutes ⏰ reading this educational material. 🎯 Analytical Insight on Bitcoin: BTCUSDT is showing strong volume near solid daily support and a key trendline. A 5% rally toward $124k is anticipated 🚀📈 Now , let's dive into the educational section, 💸 Mistakes You Must Make Some mistakes are part of the process. When you hit a stop loss or see a big loss, you understand risk much better. These mistakes show you why you must always have a plan. Lessons from losing real money stay in your mind much longer than lessons from books or videos. 🔍 Risk Management and Fundamental Researc h Spot trading gives you more time to fix mistakes than futures, but losing money here can still teach you a lot. When you lose some of your capital, you see why stop loss and take profit are important. Researching the team, roadmap, and trading volume can save you from bad projects. Managing your capital makes sure one bad trade doesn’t destroy your account. 🪞 How Market Emotions Affect You Your emotions often reflect the overall mood of the market. When everyone is greedy, you may feel unjustifiably excited. When everyone is fearful, you might miss great opportunities. Learning to separate your mind from crowd emotions is one of the hardest yet most crucial skills. 🧠 Demo Account vs Real Account In a demo account, you are only playing with numbers. In a real account, you are dealing with your own emotions, fear, and greed. When real money is involved, even a small price move can make your heart race. This is why, after learning and practicing for months, you should start real trading with very small money. Only then will you know what risk feels like in real life. 🕰 Why Patience Matters Many losses happen because of rushing, not because of a bad strategy. Sometimes waiting a few more minutes can give you a clear view of the market. The market always gives another chance, but lost money is hard to get back. 🎯 Why You Need a Trading Journal Writing down your entry, exit, and feelings for every trade helps you see your mistakes and strengths. A trading journal is like a second memory that stops you from making the same mistake again. 📊 Useful Tools in TradingView One of TradingView’s biggest advantages for traders is its set of tools that can save you from costly mistakes. For example, with the Price Alert tool, you can get notified before the price reaches critical levels, helping you avoid emotional decisions. Indicators like the Relative Strength Index (RSI) or Moving Average Convergence Divergence (MACD) help you detect weaknesses in your strategy before execution. Drawing support and resistance lines repeatedly trains you to know where price might reverse in a crisis. Fibonacci Retracement is an excellent way to spot potential reversal levels, especially during unexpected corrections. Volume Profile shows where the highest buying and selling activity has occurred, helping you avoid weak entry zones. ⚖️ Balance Between Learning and Doing Reading books or watching videos is not enough. Trading without knowledge is also dangerous. You must grow your knowledge and experience at the same time. Summary In crypto trading, mistakes are normal, but repeating them is your choice. If you learn from a loss, it is worth it. Start small, use your tools, and let experience make you stronger. ✨ Need a little love! We pour love into every post your support keeps us inspired! 💛 Don’t be shy, we’d love to hear from you on comments. Big thanks , Mad Whale 🐋 📜Please make sure to do your own research before investing, and review the disclaimer provided at the end of each post.