Mayooo

$BTC is trading around the $68,000 level.
I remain bearish and expect a downside breakout soon.
It could happen this week.
For now, I’m focused on short positions.

Make sure you guys don’t over trade. Most people lose money in this choppy price action

$BTC is choppy. They want to shake you out before the next big move and in my opinion, that move will be down.
Don’t overtrade. Be patient and execute your trades using a plan with proper SLs, etc.
The breakout will likely come this week.
They’ll try some fake pumps to make you FOMO into a long.
In my opinion, that’s not a good idea.

In my view, the recent upward move was primarily a short squeeze.
A large portion of traders were positioned short due to prevailing tensions.
However, when a trade setup appears too obvious, it’s important to remain cautious.
Markets often move in the opposite direction first to invalidate consensus positioning before continuing in the anticipated direction.
Shorts were squeezed, traders shifted to long positions, and that shift in positioning can create the conditions for a subsequent move lower.

I expect that it’s just a matter of time before we see the next leg down for $BTC
We’re getting close to it.

Looks like a Bart Simpson pattern is forming on $BTC.

Michael Saylor's 'Strategy' buys 3,015 Bitcoin worth $199 million.
Another BIG buy.

I'm short $SOL

Futures just opened
- S&P 500: -1.0%
- Nasdaq 100: -1.3%
- Dow 30: -1.0%
- Crude Oil: +11.5%
- Gold: +2.5%
Be ready for a very volatile week.

Futures open in 2 minutes!
$BTC pump or dump?