DavidBeckwith

Short squeeze + Xi's "seize opportunity to adopt crypto"

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
President Xi obviously holds a lot of crypto, because he made his announcement at the perfect time as BTC shorts were experienced a 43% gain in the past 2 days before. He will probably be selling at the 9k range, where there is a convergence of trend line resistance and daily moving averages. This sell off at 9k -> 6800 will ensure the death cross on the daily chart . I'm short down to 5k.
Comment: Accumulate 7k->3k.

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