​A while back, I watched a trader liquidate his entire $BTC position at $110,000.

​At the time, people called him premature. "What if it goes to $400,000?" they asked.

His response was silent. He just walked away with real cash.

​Fast forward to $BTC dropping back to $60,000, and that move looks like pure genius.

​Here is the bitter truth about crypto cycle mechanics:$BTC

BTC

64,456.28

-0.63%