Shorting 61,700$ bitcoin to 53k

15 ต.ค. 2021

Tight stop above 62k.
Daily candle close resistance line.
Previous resistance before all time highs.

If it falls to 53k I believe this is the final top. 53k was the high we made a few months back. Expect it to be short term support before we drop again.

If it goes over 62k I'm probably done looking for bearish opportunities for a while. I really don't think we're bullish because too many newbies are bullish. I feel they must be punished.

Never follow the herd.

19 ต.ค. 2021

บันทึก

Updating my short. Going to stay in it for a while past 55k. Hoping to see 35k in a week or two and i'll close there if it happens. I think it's possible we are going to go down more violently than i originally thought now.