$BTC - I’m shorting big at $86,200
Everyone expected the bottom in October. Then Bitcoin rallied from $60K to $87K, and suddenly everyone started FOMO buying, we can agree that today almost everyone who missed out, entered into the market. Now hardly anyone expects an October bottom anymore. Funny how quickly sentiment changes.
I opened a short at $86,200, with $79K as my first target. The key is the weekly MA50. Reclaiming it gave us a bull-market signal. Now I want to see Bitcoin retest it and confirm it as support. My plan is simple:
If the MA50 holds: I’ll look to take profits on the short and use them to buy more BTC and ETH.
If the MA50 fails: I may keep the short open and target lower prices. Imagine if we get that October bottom after everyone stopped expecting it.
All my spot positions bought around $60K remain open. I haven’t sold any. This short is a trade on a correction and part of my risk management strategy. For now, I’m focused on $79k, I’ll watch how Bitcoin reacts at the weekly MA50 and decide from there
Further updates only on: https://t.co/Qx4dZU40Lk
BITCOIN IS CRASHING.
I'm currently sitting on nearly $1,000,000 in profit from my Bitcoin short.
To celebrate, I'm giving back $1,000 to my community in USDT or BTC.
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