#StrategyBTCPurchase #NODEBinanceTGE $BTC #Bitcoin - What’s Next?
The Big Sunday Report, All You Need to Know:
🚩Technical and Psychological Analysis: I remain fully hedge despite being bullish on Bitcoin. I know many people don’t understand this move of mine and keep asking me why I am holding spot bags at the same time I am shorting. The answer is simple. I am hedged, and I will rotate the profits from short to Bitcoin spot very soon. I told you to short at 108k when BTC was at resistance and war narrative appeared. We dropped 10% and only then we closed shorts. I even sold my spot bags to reenter lower which made me maximize holdings without injecting capital. Told you reenter long 104k, and again at 107.5k the level we are currently at, told you to open a hedge short to rotate the profits from short to Bitcoin. You can just go and check charts yourself to understand the perfection. Indeed only a fool fades to realize the perfection here
In this case it doesn’t make any sense to sell spot bags as you should only sell spot bags when a drop it’s GUARANTEED, since this way you can maximize holdings without injecting further capital into the markets and you have no risk associated. In this case we have a risk where a bullish headline can appear and we suddenly break resistance and immediately enter price discovery, therefore selling spot bags here is a HUGE mistake. Simply remain holding the short from 107.5k and use it as a hedge, once you are in profits use the profits to rotate to spot bags. As soon as we break trend line we will see a 30-50% increase within weeks. So, don’t be greedy and once short is in profit do a favor to yourself, take profits, and buy more spot.There are two very important regions of liquidity as of now. We have the 117-120k region where majority of the upside liquidity seats and 92-94k where majority of downside liquidity seats together with a CME gap. Bitcoin will continue to print a sideways within the bull flag until it finally decides to start the next big move which will be to the upside.