Short

Bitcon appears like a tradable short position

Updated

Hello guys, with the FOMC meeting ahead of us buying Bitcoin at current levels does not make sense, I believe the cons (whales) who pumped this up do not have the balls to stay with their trades, going into the J. Powell week.

** This idea may turnout completely wrong **

Rug pull incoming
Stay Safe

Trade active

The plan is to hold the short position for 1-2 months.

12k-10k is a reasonable buying area, if and ever we get there I will literally sell my house to buy this tumor, looking at the bond market it seems easy money may be back by the end of Q2 2023. until then bitcoin is not buyable for me.

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The dollar comeback could wrong foot so many bulls.

click on the idea for more details and pump the idea with ur likes.

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for ur information a strong dollar is bad for bitcoin

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Educational video, watch how different I do my analysis :

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Up almost 20k shall I add more shorts ?

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Im looking for young traders with great English proficiency located in UAE and Iran, to open up my hedge fund in Dubai. they will go into 6 month of training each.

I need a bond market king as well . DM me

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ride the shorts along with me, will keep them till btc hits new lows

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indexes breaking down, im doubling down on cryptos short

Trade active

time to double down as my model giving me the confirmation .

why we spiked ? wage growth is cooling down. it means rate hikes are working and the fed will be less hawkish. however as the wages coming down corporation's profits will come down with it. people will have less money to gamble on crypto casino.

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im buying more TLT 3x long

the idea is we have seen peak inflation and yields on government bonds shall come down to avoid massive hard landing.

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It appears more cons (whales) are exiting their positions ahead of Fomc. Those who stay long may experience a heart attack soon.

Bitcoin going up will cause the pace of inflation coming down slower.

Bitcoin is not allowed to rally , any rally will be faded

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Bulls camp : Believe in soft-landing pixie dust and are convinced the Fed is about to pause

Bears camp: Are anticipating a recession and an earnings slump

Contrarians: Believe inflation and the economy will re-accelerate this yr, putting upward pressure on rates and volatility.

I'm a contrarian and I'm in commodities camp .

Which camp are you in ? I'm curious 🧐 comment it below.

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No inflation will not make a new high but will go stagnant or go down very very slow.

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Copper, Zinc, Uranium and silver might be the next Bitcoin of the cycle

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Im short cryptos to the teeth, if I lose, I lose 10% if I win I will make a fortune.

the drops shall be dramatic seen like never before. these kind of drops will bring down inflation to 2% with it. thats the whole of point of monetary tightening. bitcoin can not rally

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it will be a 10-15% down day on btc . dont know the exact timing, highly likely this week. possibly today or tomorrow

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not a very very hawkish statement by J. Powell but enough to sink bitcoin back to 15k in 1-2 month.

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im doubling down.

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we are getting huge confirmation from bond yields. I will take profit at 19k.

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10% drop in a single day incoming.

for those who are not in yet, wait for correction.

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there are rumors circulating Putin has launched his biggest offensive on Ukraine since months, sending oil skyrocketing. we already know the Jan CPI will be bad.

perfect time to short Ponzi schemes

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let it drop first and make a flag after it
could be a nice trade setup.

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let it meet our criteria before taking this short term trade.

patiently waiting for this to drop and make a small flag

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trade setup invalid for now.

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trade setup valid

Trade active

short trade activated wish me luck

Trade closed manually

wasnt the smoothest trade. im out for now. will wait for some time before taking any trade.

Trade active

Im all in. we have seen the bottom. will add into longs once the prices cools off.

this will hit 69k in 2-3 years.

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im long via size GOOG, BABA, TSLA, Silver and gold

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This will hit aths no doubt, but shorter term it can make a correction.

Here are my positions: ALI BABA, GOOG, Barrick Gold, AMZN,NET, CRWD, S, TSLA , NIO, OTLY, PACW, KWEB, BTC & FLOKIUSDT.

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New idea is out, click on it to see full details, drop ur like on it so I will be motivated to post new crypto ideas.

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All time highs might come much sooner than anybody can anticipate.

I will stay will my long until hitting 69k

SabahEquityResearch

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