Bitcoin nearly touched $85,000 last week. Days later, it was struggling to hold $80,000. Traders who bet on the recovery suddenly found themselves facing another selloff.

The reversal came as leveraged bets remained elevated, even while buyers pulled back. According to Glassnode’s latest market report, Bitcoin’s futures market remains heavily exposed to further price swings.

For Bastian Keller, the trader better known as Bitbull, this is where many investors make their most expensive mistakes. Speaking to BeInCrypto at TOKEN2049 Singapore earlier this month, he explained why trading psychology can matter more than predicting the next price move.

Keller founded Bitbull…