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btc 6-6 update.

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BYBIT:BTCUSDT   BTCUSDT SPOT
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.

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a shirt squeeze.

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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.
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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.