List of Flash News about BTC sideways chop
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14:28 |
BTC Sideways Chop: Candle Body Analysis Reveals High-Risk Trading Range
According to Miles Deutscher, Bitcoin (BTC) is experiencing significant sideways chop, as evidenced by large candle wicks compared to smaller candle bodies on the chart (source: @milesdeutscher, June 17, 2025). This indicates a volatile range-bound market where price movements lack clear direction, often resulting in fake-outs and increased risk for traders caught in the middle. For active traders, minimizing exposure in the current range and waiting for a confirmed breakout or breakdown could reduce risk and prevent losses from unpredictable price swings. Range trading strategies and tight risk management are essential in such BTC market conditions. |