Family members, there's a big event to watch tonight (5.22)! 💥💥
Wells is about to officially assume the position of Federal Reserve Chair!
The previous three times the Fed changed leadership,
$BTC experienced significant declines, roughly 30%-40%.
Although history doesn't repeat itself exactly, there aren't many optimistic reasons either.
Currently, $BTC has very little substantive good news, macro is bearish, and liquidity is tight.
So I placed a short-term short position, hehe—family members, do you think my analysis is correct this time?
📉 short entry point 👇🏻
Open short: 77,400
Stop