Why I'm shorting BTC at $6.5K
What goes up must go down. The RSI looks like it still has room to grow (knowing that this is crypto). It could make a double top.
I'm shorting at 6.1K (small size) and 6.5K (larger size) because I'm preparing for Bitmex's brutal short squeeze. Heck -- might as well through in a short at 6.7K to catch the wick. You know the whales want to liquidate you, that's why I only do 4x max on Bitmex and I'm conservative when it comes to entry. Have to be patient.
See you on the ride down.
I'm shorting at 6.1K (small size) and 6.5K (larger size) because I'm preparing for Bitmex's brutal short squeeze. Heck -- might as well through in a short at 6.7K to catch the wick. You know the whales want to liquidate you, that's why I only do 4x max on Bitmex and I'm conservative when it comes to entry. Have to be patient.
See you on the ride down.
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