IM7 Intelligence
Bitcoin Broke $80K: The Support Memory Trap | IM7 #100
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Bitcoin broke below $80,000, then rebounded above $82,000. But why did traders keep trusting a level that had already failed?
In this episode of IM7 Intelligence, we explore The Support Memory Trap — the psychological tendency to mistake repeated support for guaranteed future demand.
We examine how anchoring, confirmation bias, and recency bias shape trader expectations, why liquidation-driven…