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.
the sentiment shows we're moving up soon to the denial of many
MynameisTeo
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Hi... I think is to easy to be lost in the LETTERS ( abc, wxy - x z ) ... It.s a complex correction, need time to complete the bottom, i think the best entry will be secondary test after spring ( it;s possible that happend in 28,2 k area) will see ... glad for you for that short ( just between us: how much you risk there? :) )