Bitcoin is bearish right now.

28 dic 2021

Just broke $49,444 support. Short until further notice.

29 dic 2021

Nota

Bitcoin is nearing support zone, in places like these you can consider closing your short and see what the market will do. We can re-enter once again later.

30 dic 2021

Trade chiuso: obiettivo raggiunto

We reached current support floor, we made a nice 6.4% profit.
Now we just have to wait until further price movement is available.
We can re-enter at this level if price breaks support.

If this support level holds i will likely create a new trade setup with the new information.

5 gen 2022

Trade attivo

Short until further notice.

5 gen 2022

Trade chiuso: obiettivo raggiunto

Our short gave us a good profit, we made 8% profit at this moment.
That's why we took profit 70% of our position, we will take the rest at 42,800.

6 gen 2022

Nota

We had a good week with 2 profitable shorts 6.4% & 8%.
Right now BTCUSD is hanging above our 42409 middle support. (purple line)

IMO this is a very important support, if we break this support we might have to brace ourselves for a third downleg.

8 gen 2022

Nota

There's a very real possibility of BTC reaching 34.9K. Literally no support is holding and the price is continuing to fall. Brace yourselves for the worst.

We will not short in this zone as the risk is higher than reward. We will stand at the sidelines with cash, ready for a better opportunity. For everyone else wanting to short, GL.