Bitcoin Price 411 - Brace for Impact
Updated
Long story short, because this is new in development. I am taking a tiny short term position in SHORT. Will be invalidated once/if it goes above 43,900 area.
Green line has been my take profit on longs and buying back on red line.
Now that we're breaking down below, it seems prescient to expect a down quarter. who knows, I'm just reacting off the levels I've built up over the years.
Let's see how this goes, I'm not only going to close this tiny short and flip long if it starts cascading below 38K down to high 20s. I will be MEGA long by Spring time until Q4-2025.
I don't care if it goes below 20K again, that's my sweet spot. Below? I WISH - backup the truck, know what I mean?
LFG
Green line has been my take profit on longs and buying back on red line.
Now that we're breaking down below, it seems prescient to expect a down quarter. who knows, I'm just reacting off the levels I've built up over the years.
Let's see how this goes, I'm not only going to close this tiny short and flip long if it starts cascading below 38K down to high 20s. I will be MEGA long by Spring time until Q4-2025.
I don't care if it goes below 20K again, that's my sweet spot. Below? I WISH - backup the truck, know what I mean?
LFG
Note
Oh, forgot to mention, I might adjust my stop loss to thick red line.I think the upward trending parallel channel is worth watching.
Anyway, any major bidders before $38,489 ?
Trade closed: stop reached
Welp - that didn't work
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