Today BTC once again reaches 110k and plummets behind like a cannonball. "At one point I thought: wait... what if 110k was a magic ceiling? Like in Mario Kart, but in finance."
Since then, he only trades that. He waits for BTC to hit 110k, then he throws in a XXL short with x50 leverage, and then he takes off in a private jet.
"People analyze too much. I just noticed that as soon as it hits 110,000, it goes down. Well, there you go." —
Luxury, cash & cocktails 🦞🍛🍹
Jean-Michel is now known in a few very closed circles of the crypto elite under the pseudonym @ShortDaddy. His lifestyle is an improbable mix of clichés: 5-star hotel, bundles of cash as a pillow, jacuzzi with a view of the liquidation board.
"People spend 18 hours a day coding bots, I take a nap, open Binance, and bam. Short 110."
Hedge funds want to talk to him, he refuses
Several investment funds are trying to recruit him today to "understand his edge." But Jean-Michel remains true to his method:
"I’m not going to explain the secret to guys in suits. They already don’t understand that 110k is not a price, it’s a prophecy.
Moral?
Sometimes, true genius does not hide in complex algorithms or technical indicators... but in the acknowledged and repeated foolishness of market players.