BTC100K Plan
- Part 1: Once BTCUSD hits 100K, the plan focuses on purchasing crypto miners CLSK and RIOT. These two stocks showed a significant price gap between their current levels and the previous highs during BTCUSD’s last attempt at 100K.
- Part 2: After the crypto miners peak and start to capitulate, the strategy transitions to shorting Bitcoin treasury companies with weak fundamentals, capitalizing on their predictable pullback.
BTCUSD finally broke past 100K this morning.
- I started placing overnight orders for CLSK and RIOT in anticipation of a market opening spike as liquidity flows in. I used ADR% from the entry price to calculate the risk for CLSK and RIOT.
- I have pegged additional +1R risk for unknown variables
- Part 1: Once BTCUSD hits 100K, the plan focuses on purchasing crypto miners CLSK and RIOT. These two stocks showed a significant price gap between their current levels and the previous highs during BTCUSD’s last attempt at 100K.
- Part 2: After the crypto miners peak and start to capitulate, the strategy transitions to shorting Bitcoin treasury companies with weak fundamentals, capitalizing on their predictable pullback.
BTCUSD finally broke past 100K this morning.
- I started placing overnight orders for CLSK and RIOT in anticipation of a market opening spike as liquidity flows in. I used ADR% from the entry price to calculate the risk for CLSK and RIOT.
- I have pegged additional +1R risk for unknown variables
העסקה בוטלה באופן ידני
ExitClosed the trade pre-market because my trade hypothesis and plan was broken. I rather realise the lose now than hope and pray when market opens.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.