$BTC Sold everything at $82,050, and now he’s bought back 75% at $82,789. Jiang Zhuoer has just turned his own prediction on its head.
According to Binance News, the Chinese mining mogul recently exited his entire Bitcoin position, expecting the price to plunge to the $70,000–$72,000 range. BTC did fall, touching a low of $82,227 this morning before immediately bouncing back to $82,900.
The $70,000 level he was waiting for never appeared on the chart.
So he changed course and bought back three-quarters of the BTC he had sold. This time, his purchase price was almost the same as his original selling price.
A lesson for anyone holding a short position and waiting for a crash that hasn’t come: the market doesn’t follow anyone’s script—not even someone who runs an entire mining operation.
Let’s see how long he holds this time, or whether he changes his mind again.
Personal observation, not investment advice
#BTC #Bitcoin #Crypto #CryptoNews
According to Binance News, the Chinese mining mogul recently exited his entire Bitcoin position, expecting the price to plunge to the $70,000–$72,000 range. BTC did fall, touching a low of $82,227 this morning before immediately bouncing back to $82,900.
The $70,000 level he was waiting for never appeared on the chart.
So he changed course and bought back three-quarters of the BTC he had sold. This time, his purchase price was almost the same as his original selling price.
A lesson for anyone holding a short position and waiting for a crash that hasn’t come: the market doesn’t follow anyone’s script—not even someone who runs an entire mining operation.
Let’s see how long he holds this time, or whether he changes his mind again.
Personal observation, not investment advice
#BTC #Bitcoin #Crypto #CryptoNews