Reduce Exposure: Selling Bitcoin Amid Dump
I'm reducing my Bitcoin exposure because BTC is dumping and momentum is to the downside.
Prices are breaking short-term supports and liquidity is thin, increasing the risk of further declines.
I'm avoiding new buys and prefer to trim or sell positions until clear stabilization or a confirmed reversal appears.
Analysis
Bitcoin's recent dump strengthens bearish momentum and raises the likelihood of continued downside until key support and on-chain indicators improve.
Recommendation
Sell or trim BTC holdings and avoid initiating new long positions; reassess when price stabilizes or reversal is confirmed.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.