good evening humans,
a lot of fear in the markets right now, more than i've seen in a very long time.
i'm kinda grateful for all those of you who are terrified, because it is thanks to You that this next move will be made possible.
---
a shirt squeeze.
--
we're 15 days into a daily squeeze on bitcoin, one of the longest ones i've seen in awhile.
once bitcoin exits out of this squeeze, a significant move will take place as i have talked about in my recent posts.
it can certainly be to the downside, and i'm well hedged for it.
my short hedge is currently up close to 600%
and i've started building a long position just in case the short term bull case turns into a reality.
i'm going to be eyeing the area between 35~38k for this move up.
ps. this is in no shape or form financial advice, i whole-heartedly do believe btc can drop to 20k in the weeks ahead, but there's a slim possibility that we see 1 more pop before it does.
don't follow my footsteps, follow your own, make your own plan, and do what you feel is best.
a lot of fear in the markets right now, more than i've seen in a very long time.
i'm kinda grateful for all those of you who are terrified, because it is thanks to You that this next move will be made possible.
---
a shirt squeeze.
--
we're 15 days into a daily squeeze on bitcoin, one of the longest ones i've seen in awhile.
once bitcoin exits out of this squeeze, a significant move will take place as i have talked about in my recent posts.
it can certainly be to the downside, and i'm well hedged for it.
my short hedge is currently up close to 600%
i'm going to be eyeing the area between 35~38k for this move up.
ps. this is in no shape or form financial advice, i whole-heartedly do believe btc can drop to 20k in the weeks ahead, but there's a slim possibility that we see 1 more pop before it does.
don't follow my footsteps, follow your own, make your own plan, and do what you feel is best.
Trade active