continuation long trade with tight stop
increasing long exposure to 2x
adding fuel to the fire increasing exposure to 2x on a nice cushion of profits from trade #29
Aiming to catch an echo of the massive drop form last month
Reduced long exposure to 1x to preserve profits
Increasing exposure into the dip to 4x
BTC bubble burst below $1,000 down to $200 and a 16 years time to recovery
Unpopular opinion: BTC is massively overvalued short till $222 break of wave 3 low (2015 lows)
Central bank stimulus will keep the market up only for a few more quarters before they turn into a steep decline
good time to increase long exposure from 2x to 3x with a solid buffer of returns from previous 2 trades
sell the (artificially created) dead cat bounce resulting from last breath of stimulus trillions
buying dip on a hidden bullish divergence
lofty valuations to say the least ...
open ended 1x long with 2% stop loss
short into retest of broken support at 6600
long the dip for trend continuation on 2H chart.