
Post
BaffahBTC
$BTC Jobless Claims came in lower than expected and price pumps.
The scalp-long from this morning gave us a clean entry, I took it after the 76.2K internal low sweep.
I took 50% profit and stoploss to BE here, why? The Jobless Claims outcomes are bearish for risk assets.
Bitcoin pumping after a bearish news release could easily be a trap-move.
That's why I'm securing my position here, and I might look for a little hedge-short to cover long-exposure.
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