@BluntedBeats@CryptoTony__ Like who's gonna wait 10 years to take profit. I'd rather trade a trend and have a good day. Who's even know they'll be there in 10 years lol
I’ve had my fun swing-shorting Bitcoin from the $125k highs into the $60k area across multiple trades and key inflection points (still have a position running from 81s), while offloading most of my spot around $116k
How low does it go? I couldn’t really care. I’m not here to call the bottom, just as I never called the top, some of us prefer to trade it instead... one shot... nailed.
The game now shifts from pressing aggressive shorts to identifying perceived value, chipping in gradually, and adding size only once momentum confirms over the next several quarters...
A couple of metrics worth observing are realized price and the 300-400 weekly MA, along with the 12/25s weekly EMAs I often talk about.
As a prospective buyer... embrace the downside...
If it continues.... thats future opportunity...
And eventually... the next cycle begins...
Wishing you all a fab and blessed weekend...
just watched the infamous "killa" latest video on why he's long
i can say with 99% confidence the guy is a fake ta guru
the way he structured the trade is absolutely criminaly insulting to anyone calling themselves a trader
50% SL on 2x for 25% of his account
careful out there
@BluntedBeats@Sokio8D And always zoom in to see the big picture so I find out that it might be a continuation H&S so we might not bounce much further lol