BitcoinLong
BTC right back into channel/ flag
BTC is right back into the channel on a candle body basis on the daily. This brutal wick was caused partially by capitulation but mostly by leverage, over 1 billion dollars in liquidations cascaded. At some point all of these degens will run out of money. I took this opportunity to buy AKT at my downside target of 1.9$, and I sold more puts on CLSK. We are no in the clear yet but my first target is marked with the dashed green of 58.3k. I am still net long.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.