BTC - Short Trade Update - Expected PathI’m sending an update to this short idea because as we progress we can start narrowing down which pathway is the most likely.
I expect this move to occur very quickly, and I hope that afterwards we understand why it’s important to be preemptive with predicting the potential movements and corrective patterns.
My most likely / personal trade:
110,000 to 34,700-35,000
35,000 to 81,000
81,000 to 8,000
My Strategy:
I will be closing 50-75% of my short at 45,000 to 40,000
I will watch for a rise from that 35,000 level to confirm the swing long - and if I see intention for that to play out (we could also go straight to 8,000) - I will open a hedge long position and add to it accordingly
I know many of you think I’m crazy or a troll - but my confidence is very high we will see this occur.
