Bitcoin Fund Update (BTC)

Now that the predicted sell off to the (faster than expected) demand zone of 8k has nearly concluded, A reversal is set to happen. Bids at 8.3-8.4k have been filled for both longterm & short term positions. Expecting the classic "µ" reversal up to whatever planet it lands on. A weekly close above $8,746 confirms that capitulation move to 8.1k was the bottom. Following that weekly close, a rebound to 10.9k-11.5k is in play. Average leveraged long position buys now sit at $8,672. Downside risk is closely managed as well. Buying the blood is never easy but always worth it in hindsight.