$BTC **Bearish Trend vs. Contrarian Long: A Risky Gamble** 📉⚔️
Despite a bearish market trend (falling RSI, breakdown below 50-day MA), my analysis flagged a potential reversal: Bitcoin hovered near a historic support zone ($58K), funding rates turned negative (short squeeze setup), and whale accumulation spiked. Ignoring macro fears, I opened a leveraged long.
**Result?** A black swan event (Mt. Gox BTC dump + Fed rate hike panic) triggered a 12% crash, liquidating my position.
**Lesson:** Even "high-conviction" longs need asymmetric risk management (wider stops, hedging). Markets humiliate arrogance. Now I watch for capitulation signals (exchange outflows, fear index > 80) before re-entering.
*Trade not hope. Adapt or perish
