Did you make money from the above $70000 and the below $66000 zone?

[Oshosondy]

Did you noticed that bitcoin has been going between this range since bitcoin dropped to $60000? There was an heavy buy, but the bulls was unable to get the price above $73000. Since that time, bitcoin has been ranging within slightly below $66000 and slightly above 70000 back.

Leverage traders could have been liquidated when bitcoin got to $74000 recently while they could also have been liquidated when bitcoin got to $63000 recently. But patient traders with no or very little leverage are making money.

Patient traders also set the strategy to minimize loss if the market breakout or fall more.

[Finebone]

Did you noticed that bitcoin has been going between this range since bitcoin dropped to $60000? There was an heavy buy, but the bulls was unable to get the price above $73000. Since that time, bitcoin has been ranging within slightly below $66000 and slightly above 70000 back.

Leverage traders could have been liquidated when bitcoin got to $74000 recently while they could also have been liquidated when bitcoin got to $63000 recently. But patient traders with no or very little leverage are making money.

Patient traders also set the strategy to minimize loss if the market breakout or fall more.

Responding to your op question, I made some money and I also loses some money. When the market was dropping, I short the market on futures trade and made some money, but along the line I got my analysis wrong and still short the market when it was within 63k-64k, from that moment I opened the trade, the market started appreciating until it got to my stop loss.

What helps me in regaining most of my losses was that I bought bnb and Eth when Bitcoin was within 63k, so as it appreciate in value, that was how I made something reasonable from those two asset I bought. But over this period of time when trading futures, it's just like winning today, and giving back your winnings the next day, or you win three trade at a row, and uses a single trade to lose everything 
Trading futures or derivative is just crazy and difficult.

[Hatchy]

Did you noticed that bitcoin has been going between this range since bitcoin dropped to $60000? There was an heavy buy, but the bulls was unable to get the price above $73000. Since that time, bitcoin has been ranging within slightly below $66000 and slightly above 70000 back.

Leverage traders could have been liquidated when bitcoin got to $74000 recently while they could also have been liquidated when bitcoin got to $63000 recently. But patient traders with no or very little leverage are making money.

Patient traders also set the strategy to minimize loss if the market breakout or fall more.

I had a bitcoin long position around the $63k mark, the last strong move to the upside made me some profits.. also got a new position last week to long BTC and Eth, but the zone was liquidated on Monday market opening hitting my stops. And immediately after that, we went straight up to $73k.. not pained though because I lost only a portion of what I made from the last setup..for now there's a lot of long opportunities for future and short term traders willing to take the risk. I still see some people trying to short the market but like you already know, everyone has different views on what the market will want to do next. If you short and it's correct at that time you make profits and that same point, if my long position is right I make profits as well..

[Odusko]

Patient traders also set the strategy to minimize loss if the market breakout or fall more.

Minimizing risks is very important to protect your positions from unexpected liquidations, but the let talk abbreaks outfalls furtherthing, if you use a low leverage on your position and you make profits you should know that the income profits is not in the same proportion with high leverage, so traders will always be greedy to use high leverage, so the losing and winning time will definitely come for them, bitcoin long position is ok with me with a very low leverage but the amount used must be huge enough to secure a good position.

[joeperry]

Honestly I can't keep track but I think I'm on the positive side however I don't trade too much during this season since it's consolidation and I only do small trades with small leverage but I'm still waiting for the big movement and it's to either break the $60k or break the $70k and I know that it might be a little bit long before any big movement that's why it's not that bad to do small trades during consolidation with small leverage. I've seen some traders who do good in consolidation market with high leverage but I wouldn't risk mine with that since it will just be a gamble.

[Alphakilo]

Candidly, I didn't make money nor profit.
I prefer to hold and have kept true to that even though I might not be as consistent as would qualify to be consistent by others.
From my observation though, the current market behavior is not for those who don't know patience, because as at the time the price rose to $74k, many short sellers were caught off guard and this current war between Iran and UAE, US acted as a volatility that also affected the price.
The best strategy for me right now is still to hold, but for those who still sell or trade using their different strategies, the most favourable risk management skill to apply right now, is simply patience.

[Zaguru12]

I still see some people trying to short the market but like you already know, everyone has different views on what the market will want to do next. If you short and it's correct at that time you make profits and that same point, if my long position is right I make profits as well..

Personally I still see shorts in the market because to me we haven’t bottom out already in this cycle because we would most likely get below the bottom of $59k already set in this cycle, personally I think that the short term market will be bullish at this period of time because of the war and also because it the market has the right momentum now to actually go up and clear those inducements at the top before it takes any more direction and that’s why it’s actually a good period to have a tight stop loss at this period for all sell trades,

Now the range of $70k to $66k is now a consolidation period or region as the new primary support has ben established while the resistance is now at $77k, for me the bitcoin market sentiment or momentum isn’t as high or low at the moment to actually break any of this barriers but it’s just a short term thing

[FirmWars]

I bought only a small quantity of Bitcoin below $66000 and when the price swinged to $70000+, I had small unrealized profit but it keeps going up and down since the price is still ranging between $66000 and $70000. I'm not using leverage like those popular and frequent traders because I'm more of a holder than a trader but those that used leverage to enter a trade since the start of this market movement, they will definitely make profit.

[tvplus006]

I bought only a small quantity of Bitcoin below $66000 and when the price swinged to $70000+, I had small unrealized profit but it keeps going up and down since the price is still ranging between $66000 and $70000. I'm not using leverage like those popular and frequent traders because I'm more of a holder than a trader but those that used leverage to enter a trade since the start of this market movement, they will definitely make profit.

If you are a holder and not a trader, then you do not need to monitor the price of BTC every day. Your task as a holder is to buy bitcoin regularly, preferably at regular intervals and for the same amount, which corresponds to the DCA strategy, which is the best for accumulating BTC.

[BitMaxz]

Well, I don't trade Bitcoin with the current market; it's still under consolidation to me, a slight pump plus trading fees is too high because low margin isn't allowed for trading Bitcoin in OKX. So I trade altcoins instead since the price action isn't far from other altcoins like SUI, SOL, and ETH. Every time the price move these other coins also move the same way. You can enter lower on this with or small leverage with low risk and gain a higher reward once the price rises. Bitcoin can increase 3%, but other coins can increase more than 8%, so I choose to trade altcoins instead while analyzing Bitcoin.
The movement right now is good for weekly trading, not day trading, because last week at the end of the weekdays it was bearish; having an entry at that will make you profit right now.

[GreatArkansas]

Did you noticed that bitcoin has been going between this range since bitcoin dropped to $60000? There was an heavy buy, but the bulls was unable to get the price above $73000. Since that time, bitcoin has been ranging within slightly below $66000 and slightly above 70000 back.
(....)

What I am thinking is, these recent price actions of Bitcoin around the $60,000 level up to the $70,000+ level are just Bitcoin slowly creating a significant support to the $70,000 level, because for now, what I can see is we are just considering by $10,000 movement, like $60k, $70k, $80k, $90k, $100k. As you saw recently when Bitcoin reached $70,000, it just went immediately to around $73,000 - $74,000 in just a short period of time.

[crwth]

Yes, I did make some profits from the range that we currently have over the past few weeks. I was able to short and then close it at a good price, then long, and, luckily, these past few days reached $70k again, so it was a good trading result for me.

I just started trading a little bit because the current market made me feel like I needed to recalibrate. It's mostly the time when I just trade a few times with right position sizing and avoid overtrading .

[Luke3bird]

Yes, I did make some profits from the range that we currently have over the past few weeks. I was able to short and then close it at a good price, then long, and, luckily, these past few days reached $70k again, so it was a good trading result for me.

I just started trading a little bit because the current market made me feel like I needed to recalibrate. It's mostly the time when I just trade a few times with right position sizing and avoid overtrading .

As I know, Bitcoin market is volatile and it will break out or break down to break any price zone even that lasts for weeks or months. Finally a break will happen and the market will move upward or downward, then set up a new price zone.

Trading within a zone is good but because the fate of zone broken some times, traders must be very careful with their trading decisions. Believing that a price zone will last a longer time and feel safe with any trading position opens for that zone is risky.

Over trading and over sizing trading positions are risky practice for traders too.

[JeffBrad12]

Honestly I don't trade around that time, even if it seems to be promising with the range because there is war ongoing that can turn the tide of the market instantly.
The risk to reward ratio just isn't there for me therefore I only buy some bitcoin in little amount here and there whenever it dipped. Lets be real, one tweet from trump is enough to wipe our position in the future market.