List of Flash News about percentage drop
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2025-03-21 14:22 |
Understanding the Risk in Percentage Drops for Bitcoin Price at Different Levels
According to Mihir (@RhythmicAnalyst), a 2% correction in Bitcoin's price at $86K differs significantly from a 2% correction at $79K, highlighting a common misconception in risk analysis among traders. This analogy is crucial for traders to understand that the absolute value of a percentage drop impacts risk differently depending on the price level. For instance, a 2% drop from $86K is $1,720, whereas from $79K, it's $1,580, affecting trading strategies and risk management decisions. |