I almost bought $BTC on the peak yesterday. Here’s why I didn’t.
Bitcoin broke through $87,000 and pulled back to $86,600. Up +13% in 4 days, but this is a short squeeze—shorts were squeezed for $800 million. The fuel is running out.
The $84,000 level is the dividing line. Holding it means a trend change. Breaking it means yesterday’s pump was a trap.
I’m not entering. I’m waiting either for a hold above $87,000, or a drop to $82,000–$83,000.
Have you entered, or are you waiting? Honestly.
Subscribe—next we’ll break down crypto: alts, P2P, and security.
Not investment advice.
$BTC
Bitcoin broke through $87,000 and pulled back to $86,600. Up +13% in 4 days, but this is a short squeeze—shorts were squeezed for $800 million. The fuel is running out.
The $84,000 level is the dividing line. Holding it means a trend change. Breaking it means yesterday’s pump was a trap.
I’m not entering. I’m waiting either for a hold above $87,000, or a drop to $82,000–$83,000.
Have you entered, or are you waiting? Honestly.
Subscribe—next we’ll break down crypto: alts, P2P, and security.
Not investment advice.
$BTC