hey fellow bobos, uhh btc went below 100k, is it the right time to short hoping that it would go down to maybe 80k?
80k? it will go to 50k at least. you have no conviction
>>61314999Green ID + trips confirms
>>61314889Once we get a weekly close below 100k, 98-102k will be turned into neutron star crust resistance.
>>61314889I don't leverage but you should never short a red dildo or long a green one
>>61315332 so you're telling me that i shouldn't short when btc is gonna fall down to maybe 70k?>why not make a quick buck
>>61314889Trump + CZ (partners in crime) killed crypto forever. We're going to sub $10k by 2027.
>>61314889diamond resistance protecting 98k USD. if it won’t break in the next 10 minutes (and it doesn’t like it will) it will most likely hold and there’ll green by tomorrow EOD. no astrology for men involved, just astute observations over the course of the last 18 months. God wills it
>>61314889I opened mstr shorts at $245 (I don’t short btc on a crypto exchange because when it goes to zero they won’t have the money to pay me out lol) I’m keeping my shorts open as I anticipate consolidation in the 90-100k rangeI think it only goes lower than that with some sort of catalyst so I wouldn’t open more shorts at the moment
>>61315670is it too late to open mstr shorts?
>>61315421It's not going to fall down that far that fast, it will bounce up and down while it does and you can get liquidated
>>6131564945 minutes hovering between 98.2k and 98.6k USD with decreasing volume on every next candle. amen
>>61315925soo in the next few hours you would expect it to go up to 6 figures again?am i right anon?>are the bulls gonna have the last laugh?
>>61316031check the chart. the downward momentum slowed down and it’s slowly gaining pace to go up again. I feel 102k by EOD tomorrow won’t be that hard to beat considering it’s a Friday after a red Thursday
>>61315894Ultimately it’s going to zero but the problem with shorts is the timing. If BTC drops below 75k then MSTR is in the red and enters a death spiral because it won’t be able to pay dividends without either selling btc or diluting its shareholders. At that point I would go all in on mstr shorts
>>61314889You'd be betting for no support to exist. I think going sub 100k was an anomaly, not a sign. Wait it out, maybe it hits 100k again by tomorrow and if it does then wait for the obvious poomp. THEN you can short.>>61315649The strat above will take at least a week, probably more. If it goes down the way I think it will then USDUC and FART will pump right alongside BTC and I'll be a happy man. No balls to long BTC though.
>>61316079so that means its a dance of shorts and longs, and correct timing is the key to printing cash>short when falling>long when bounces back up