BTC spike target of 55K.

24 OcaI stopped trying to fade the BTC rally a while ago. It was like chewing bricks and I also have had other things to be dealing with IRL over the last month.

But I am starting to fancy the odds of a swing short again. I think we probably have another leg up first.

Would love to come in as a short somewhere around 55K with a target somewhere around 10K, though.

I still think we're in a corrective leg in a net downtrend. As such, I'd love to short near the 76 retracement.

2 Şub

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Half stop to even and half stop trailed to 42,400. Covers all my losses from the mistimed shorts.

Either make some money or breakeven on the round trip from here.

8 Şub

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Out the longs 45,350.

26 Şub

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Filled short limits into the spike.

26 Şub

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27 Şub

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This might have been the last little stop run.

Have more shorts on now with stops above hourly highs.

27 Şub

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If BTC turns off the 76 it can be a real rug pull event. This would be a very good time to be trailing stops if long.