I haven’t written for a long time, there was a lot going on, many flights, then I took a little rest
✈️😌.
Personally,
I was betting on Harris’s victory, although I prefer Trump’s election program more. I thought that during major conflicts, the ruling team wouldn’t change. Based on that, I was increasing my Bitcoin short position in small increments. After Bitcoin’s strong price growth, I closed my entire short position. I lost quite a bit of money from my yearly profits, but it’s bearable, it’s part of trading
💸📈.
I’m still not sure if I made the right decision by not holding the short, the liquidation price was above $130,000, with below-average risk.
But I decided to wait it out, such strong growth is a rare and unpredictable event. It’s too hard to predict the price movement going forward. The market is very optimistic
↗️. At the same time, the rise in stock indices alongside the dollar index is an abnormal situation in the market. Either the dollar index or the stock indices should go down
📊.
At the same time,
I managed to earn a little on small short positions this week, although it was very risky ⚖️. In general, both shorting and longing are very risky right now. A crash could be very strong, 35% from the current price, but at the same time, there could be a sharp rise to $150,000, followed by a sharp crash
📉. Long growth without corrections is always followed by strong liquidations.
I’m also considering opening a short position on Bitcoin before the New Year 🎄, as many will want to lock in their annual bonuses 💰.
Wishing everyone a crypto-positive day 🤑!🟠 Binance Registration Bonus 600💲💬@CryptoHylos ⚡️ Boost
