A Concise Strategy for a Small Bitcoin Short

Shorting Bitcoin can be profitable in a bearish trend, but risk management is crucial. Here’s a streamlined approach:

1. Market Analysis: Identify a downtrend using lower highs, RSI above 70, and bearish MACD crossover.

2. Entry Point: Short near resistance after rejection (e.g., failed breakout at a key level).

3. Risk Control:

• Stop-loss: 5-10% above entry.

• Take-profit: Near key support.

• Leverage: Low (2x-3x).

4. Execution: Scale in gradually; don’t short all at once.

5. Exit Strategy: Adjust stop-loss as price moves in your favor. Close trade if bullish signals appear.