Post
Topic
Board Trading Discussion
Re: Bitcoin Parabolic Price Rise and Crash History – Plus the next 10X move up
by
tbct_mt2
on 06/01/2021, 02:33:59 UTC
Disclaimer: I'm short Bitcoin - short BTC and will be looking for a swift drop to $24,000
Bitcoin might fall to $24,000 but it is not a matter as before it falls down, there are probabilities of very last attempt to test resistance $34,700. Your short position will end with profit or loss (liquidation) depends on the leverage you use for your position, then how and when bitcoin will move before it falls back to $24,000.

It does not make sense for your short positions if bitcoin moves up and liquidate your short position first, then it will give you a long red candle to $24,000. You only get loss in that move.