Ten major goals just posted on X a tweet
Update: This round saw the bottom come in at 58,000. From very early on, I was firmly bullish on BTC at 100,000. Because a top test in the middle failed, I missed a large portion of the profits. Currently, my overall position is at around 78,000, where I opened a long position.
Update on the next trading plan: Now BTC is at 84,000.
1. If it drops back below 79,000 again, I will start gradually closing out the long position.
2. If, within a short time, it rapidly surges all the way to 100,000, I will consider placing some defensive short positions in the 98,000–105,000 area to hedge the risk of a weekly-level pullback. If the daily closes and holds above 108,000, the shorts will be invalidated.
3. If it doesn’t directly sprint up, but instead there is enough back-and-forth trading between 80,000 and 100,000, then I will consider holding/placing my defense between 115,000 and 125,000.
Update: This round saw the bottom come in at 58,000. From very early on, I was firmly bullish on BTC at 100,000. Because a top test in the middle failed, I missed a large portion of the profits. Currently, my overall position is at around 78,000, where I opened a long position.
Update on the next trading plan: Now BTC is at 84,000.
1. If it drops back below 79,000 again, I will start gradually closing out the long position.
2. If, within a short time, it rapidly surges all the way to 100,000, I will consider placing some defensive short positions in the 98,000–105,000 area to hedge the risk of a weekly-level pullback. If the daily closes and holds above 108,000, the shorts will be invalidated.
3. If it doesn’t directly sprint up, but instead there is enough back-and-forth trading between 80,000 and 100,000, then I will consider holding/placing my defense between 115,000 and 125,000.