#recoverywatch
recoverywatch
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𝐓𝐡𝐞 $BTC 𝐬𝐡𝐨𝐫𝐭 𝐰𝐨𝐫𝐤𝐞𝐝.
Not going to pretend otherwise. That was a clean move from 79K down to below 60K.
But now? It is time to close the position.
Why? Because I hope we are entering a recovery phase. The chart needs to breathe. The market needs to find a floor.
Could it go down to 44K? Maybe. That scenario is still on the table if support keeps breaking. But I am not going to sit here and wish for lower prices while holding a short that already delivered.
I am taking profits and stepping back.
Let us hope for the best from here.
A quick note. The position picture is from a futures demo account. Just showing the movement. Not live funds.
---
#BTC
#short
#TakeProfits
#RecoveryWatch
#DEMO
$BTC
Not going to pretend otherwise. That was a clean move from 79K down to below 60K.
But now? It is time to close the position.
Why? Because I hope we are entering a recovery phase. The chart needs to breathe. The market needs to find a floor.
Could it go down to 44K? Maybe. That scenario is still on the table if support keeps breaking. But I am not going to sit here and wish for lower prices while holding a short that already delivered.
I am taking profits and stepping back.
Let us hope for the best from here.
A quick note. The position picture is from a futures demo account. Just showing the movement. Not live funds.
---
#BTC
#short
#TakeProfits
#RecoveryWatch
#DEMO
$BTC
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