This morning my judgment was correct—if 89,000 wasn't broken, I'd reverse and go short. Bitcoin dropped to as low as 89,500 but didn't keep falling, rebounding directly from there. I held onto my short all the way down, capturing a drop of 4,000 points and making over $20,000 in my account.
What does this move tell us? Failed breakouts are often the best short opportunities. From a technical perspective—if support isn't broken, the decline won't continue. Next time I see a similar pattern, I'll do the same.
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BlockchainWorker
· 11h ago
89500 That wave of rebound, I was in too, but I didn't hold on and closed early. Seeing you hold the full 4000 points, it's indeed tough.
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BitcoinDaddy
· 12-09 19:48
Failed breakout, reversed to short, this trade was indeed satisfying. Support levels are truly valuable.
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TopEscapeArtist
· 12-09 17:40
This was indeed a textbook example of a failed breakdown. The support wasn't broken and there was a direct rebound, indicating that the bulls still have strength.
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GasOptimizer
· 12-09 17:39
A failed breakout is indeed a signal, but luck played quite a role in this $20,000 move, didn't it?
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LiquidatedAgain
· 12-09 17:38
Once again, I manually bought the dip and saved the day. This time, instead of a huge loss, I made a big profit. If only I had known earlier—hindsight is priceless.
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RuntimeError
· 12-09 17:23
The moment it rebounded at 89500, it should have been clear. Holding the support was a bullish signal. This time, it was indeed buying the dip.
#数字资产行情上升 $BTC Today I precisely hit $22,500 and earned 🔥
This morning my judgment was correct—if 89,000 wasn't broken, I'd reverse and go short.
Bitcoin dropped to as low as 89,500 but didn't keep falling, rebounding directly from there. I held onto my short all the way down, capturing a drop of 4,000 points and making over $20,000 in my account.
What does this move tell us? Failed breakouts are often the best short opportunities. From a technical perspective—if support isn't broken, the decline won't continue. Next time I see a similar pattern, I'll do the same.