COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Early bird gets the worm.
This was super quick drop - even small time frames were bleeding out.
SPY Futures tanked and hit down limit circuit breaker at 5% ON THE OPEN...LOL
When people need liquidity for margin...they gotta sell something.

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Trade closed manually: Looks like we may experience a total market selloff with panic selling affecting every financial instrument.

I do not recommend being totally out in case things turn. I do recommend reducing position size considerably (70-90% or greater).

If DJI goes to 18K or 13K ,then bleeding will most likely continue with BTC and GBTC

Comments

That was awesome to watch rofl
+2 Reply
LemMoN_BD lilhorsewop17
@lilhorsewop17, Yep watched it going all the way down from 7200 xD
+2 Reply
MoneyPatterns LemMoN_BD
@LemMoN_BD, Nice dude. I am VERY happy for you. I don't know you. But I can still give you a high-5 from here.
That was a once in a lifetime fill IMO
+2 Reply
MoneyPatterns lilhorsewop17
@lilhorsewop17, Nice one brother! Hope you got some of this.
I love it when a plan comes together!
+2 Reply
lilhorsewop17 MoneyPatterns
@MoneyPatterns, Hell yeah, filled my bags fully now. Hopefully you got yours aswell! GL
+1 Reply
MoneyPatterns lilhorsewop17
@lilhorsewop17, If you have a Roth IRA...don't forget to fill the GBTC bags this morning as well.
I was waiting for the $8 gap on 1Hr GBTC chart to enter, but looks like we are below that.
Thanks for commenting as well and bringing good vibes.
We got this!
+2 Reply
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