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Crypto trader Killa said investors can miss larger profit opportunities if they close winning Bitcoin positions too early while BTC repeatedly swings within a range.
In a post on X, Killa pointed to a past case in which the price tested around $62,600 at least 10 times before moving higher. When the price repeatedly fails to break above a previous high, investors lose conviction in existing positions and begin short-term trading within the range, Killa said. While that approach can generate small gains, it can also leave traders sidelined when the price finally breaks out of the range and makes a larger move. Killa added that focusing on the broader trend is far more advantageous than reacting to every small price fluctuation.