kamil
389 posts



Peak arrogance. Peak cringe. Crypto gods will punish us soon



But everyone is short on $BTC right? Meanwhile we have 14.38B Long Liquidations vs 8.35B Short Liquidations.


$BTC For those wondering, yes, I’m still in my swing short. BTC is currently testing a major area: the previous highs before the breakdown to 60K. If this level holds, there’s a possibility we continue pushing higher. I still believe we eventually retrace and test the 75–76K region where I placed my scalp long limits, but risk management has to come first. Because of that, I’ve decided to derisk 50% of my short position at a loss. Not because I’ve lost confidence, but because protecting capital is more important than being right. As I mentioned previously, most of my swing shorts didn’t experience this much deviation. Looking back, I mentioned that I entered too early, and the smarter move would have been waiting for acceptance. So at this point, 50% of the short is closed, while I’m holding the remaining 50% targeting either sub-70K or my SSL at 84K. My invalidation level was only briefly missed. This current retrace has given me the opportunity to reduce exposure for just a -0.3R loss while still keeping part of the position open. Given the circumstances, I’m comfortable with that. Could derisking 50% end up being a mistake? Maybe. I still expect price to retrace below my entry. But I always have to remain open to the possibility that I’m wrong as well.



Will be going all in with every last dollar I own once this capitulation event below plays out on $BTC btw. From there I’m expecting a rally to ~100-110k (where I’ll be taking full profits). Then new lows to follow 🔮 Til then we remain patient and keep stacking USDT.



$BTC After holding above 80k, price pumped before the Monday Asia Open, And squeezed the shorts all the way upto 82.4k, where we took a scalp which is up ~2R rn, Currently price is at 80.7k after dumping on the Monday Asia Open, I am expecting it to test the lows again (79.3k), if the levels holds, we are probably gonna try breaking highs (82.8k) between Monday-Wednesday. If we fail to hold that level we are going straight to 78k-78.5k, which is previous weekly open. That's where I am expecting a bounce to 82-84k again, so will look for scalps there. Though in the case where we fail to hold that level as well, we will be going to 74k-76k real quick, Which is a significant support and bulls should hold to it with their dear life > if held I am expecting a retest to 78-80k. If bulls fail to hold the level, that would be it and we will definitely be going a lot lower. As there's a lot of liquidity stacked below and price always follows liquidity, So it's just a matter of time until we clear it. It could take 1 week or 3, doesn't matter. Get Ready Bulls, your days above 80k are numbered.

BREAKING: Our traders forecast Bitcoin will hit $100,000 this year


bitcoin:native 100% out of these spot bids. Next bid below 60K...







