Long $BTC at 80k? You're literally asking to get rekt.
I've been saying this - longing here is suicide. Forget the deleveraging for a sec.
The setup is STACKED against you:
• Fed likely hiking again in Dec
• $AMZN -8% after hours
• $INTC straight nuked -16-20%
Big tech is imploding. $BTC holding 80k is cope at this point.
People longing here have the same energy as those buying OKX internal transfers at 20% discount when Xu Mingxing got arrested. Pure degen gambler mentality.
Don't be exit liquidity.
I've been saying this - longing here is suicide. Forget the deleveraging for a sec.
The setup is STACKED against you:
• Fed likely hiking again in Dec
• $AMZN -8% after hours
• $INTC straight nuked -16-20%
Big tech is imploding. $BTC holding 80k is cope at this point.
People longing here have the same energy as those buying OKX internal transfers at 20% discount when Xu Mingxing got arrested. Pure degen gambler mentality.
Don't be exit liquidity.