Bitcoin Short Stops Too Tight - Raised

Raising my stops on my Bitcoin short trade.

I’ve recognized my stops were too tight on my BTC SHORT trade in this insanely bullish price action today. Thus, I have raised my stop to 64,700. This puts our RRR at 3/1. This will be the max I am willing to lose. Past that and we might have ourselves a mid-cycle blow-off top going on which is ridiculous to even attempt to call. Let’s see what happens here.

Best,
Stew

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