Guys, Bitcoin just got hammered again. It broke straight through 70k, and it’s now at 68.9k.
I said this morning that the chart had formed a double top and showed no signs of finding a bottom, so I was still bearish. And before noon was even over, 70k was gone.
Since I called for a short at 74.9k, Bitcoin has dropped more than 6,000 points. We took profit on all our short positions at 72k. We didn’t catch this latest leg down, but we absolutely got the direction right.
I kept saying to wait for a bounce before shorting again, but it didn’t even give us a chance—it just kept sliding. That’s a brutal drop.
Those of you who followed my short, enjoying the gains these past few days? #黄仁勋因婚外情致歉，英伟达启动独立调查
$BTC
I said this morning that the chart had formed a double top and showed no signs of finding a bottom, so I was still bearish. And before noon was even over, 70k was gone.
Since I called for a short at 74.9k, Bitcoin has dropped more than 6,000 points. We took profit on all our short positions at 72k. We didn’t catch this latest leg down, but we absolutely got the direction right.
I kept saying to wait for a bounce before shorting again, but it didn’t even give us a chance—it just kept sliding. That’s a brutal drop.
Those of you who followed my short, enjoying the gains these past few days? #黄仁勋因婚外情致歉，英伟达启动独立调查
$BTC
