Bitcoin / TetherUS
Short

BTC - Flash Crash Short Plan

405
For those who have just read my recent deep dive into WHY 8,000 will be hit - it’s still a good time to short Bitcoin at the current price.

Here are the details for the trade.

Entry Low - 68,600

Entry High - 71,000

Stop Loss - 73,000

(Enter trade between Low and High entry and manage leverage accordingly - potentially DCA if we draw higher towards top entry - likely we won’t)

Target 1 - 57,300

Target 2 - 47,500

Target 3 - 34,800 (50% Close)

Target 4 - 19,400

Target 5 - 10,000 (100% Close here)

MOST LIKELY ABSOLUTE BOTTOMS RANKED:

1. 7,300
2. 9,000
3. 4,600

BUY / LONG in those regions only (5,000 to 9,000)

God speed. Should happen anytime now.

- DD

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