Post
alaya lilly
$BTC is trying to hold 64K after FOMC.
The FOMC meeting didn't do much honestly, and I'm sticking to my thesis.
I executed a short on top of my existing shorts yesterday, so I'm well exposed for a potential move down.
I might scale-in another short if we sweep those triple-highs around 64.8K. After the trigger only.
The sweep of the 65.8K highs is still a valid short scenario, but I prefer to dump from here tbh.
I'm only looking for more shorts because two of my shorts are already at BE. Remember to limit your risk when you're stacking entries.
With the 62.8K low we printed last Tuesday, Bitcoin engineered a lot of liquidity beneath the lows towards 60K.
Per my system I simply cannot look for longs now, the long from Tuesday was my only long-trigger this week.
$BTC #AIStoryDiverges
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