Many people are still staring at whether it can break above 87,000—actually, he started yesterday at 83,000. After going fully long, he even put up the spot as collateral to borrow U and add to his position.
The person on my list, Shu Qin, said it pretty plainly: on the one hand, he’s worried about a fake breakout and about a second test/top; on the other hand, his position size is still increasing—what he’s betting on is a bull market: after the rise, take a rest and then rise again.
That number landed last night, and the price actually moved upward. I remember the last time it touched 87,000 was on September 21; a week later it fell to 82,563—nobody has really held their ground on that level yet.
Which side are you on? A: buy on the pullback; B: chase after it breaks; C: stay fully invested and don’t move. In the comments, they say: wait and see the answer tonight.
#BTC #Smart money
The person on my list, Shu Qin, said it pretty plainly: on the one hand, he’s worried about a fake breakout and about a second test/top; on the other hand, his position size is still increasing—what he’s betting on is a bull market: after the rise, take a rest and then rise again.
That number landed last night, and the price actually moved upward. I remember the last time it touched 87,000 was on September 21; a week later it fell to 82,563—nobody has really held their ground on that level yet.
Which side are you on? A: buy on the pullback; B: chase after it breaks; C: stay fully invested and don’t move. In the comments, they say: wait and see the answer tonight.
#BTC #Smart money
