im long up until 28k.
Can we make it to the next fib level? I have no idea, im no nostradamus. I'm an ignoramus, outrageous just trying not to get liquidated. We are however, not adding new leverage, in fact we are using the recent volume in defi to pay down our leverage. Liquidation number currently $13,000. Remember it is a huge pain in the ass to trim your leverage when the market is panicking. Going to 28k is a good number for us but we are going to take some action if we reach 24k to convert some BTC into USDC in case there is some downside that we can trim leverage with.
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