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The early bird gets the worm. After the livestream ended last night, I was exhausted and went to bed early. Today I woke up past 6 AM and started reviewing the charts—from the weekly, daily, all the way down to the 1-minute timeframe. No matter how I looked at it, a drop was coming. If it doesn't drop on Sunday, it'll probably hover around 700. Monday will also see a decline.
Yesterday's livestream was very clear about this. On Saturday, the dog whales acted badly and pumped it to 710. I wanted to short at that moment, but knowing and doing weren't aligned—I didn't execute. Just now after reviewing, I solidified my bearish conviction and went short directly at 702. I was setting my stop loss when it dropped to 695. Then I started setting profit targets to close part of the position at 693, another part at 687. But it dropped too fast. By the time I finished setting it up, it had already broken through the 686 support level. I closed the entire position at market price immediately.
Another month's living expenses of 600 achieved. Thanks to Bitcoin's sudden blessing. Actually, I wanted to go long again around 685, but then I started writing this article and didn't execute. This sharp drop should have a valid 500-1000 point rebound that we can catch.
Not doing it anymore. There's never-ending money to make. Let's wait for the next opportunity.
$BTC