Bitcoin Shorting Idea

Good evening Traders,

We had a wild week in legacy markets but also in crypto. With Bitcoin setting new highs, Gold above 2000 USD/oz, we seem to have a steep bullish sentiment of “store of value” assets. This move on both assets is an opportunity, what you need is a plan, a plan that helps you profit.

Here is my Game Plan:
– Bitcoin needs to push into box between 28500 and 29500
– We need to see some price consolidation
– No big spikes above 30k (otherwise idea is rejected)
– Drop right onto 28500
– Further consolidation needed
– Once we break below 28500, trade is activated and I will be looking to short
– Short when Bitcoin breaks 28300 clearly

Hope this helps, but make sure to watch the video to understand the idea.

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