Bitcoin dump starting now. $62300

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Just opened a bitcoin short.

I have been waiting for a reversal to possible push down to $59000 this week.

I think the bears might start dumping now based on current price action.

This is not the main short though that am waiting on, the bulls still have the upper hand...not for long if am reading the price action correctly.

I do think it's quite probable to push down today to hit my $62300 target before main setup and that's a 3RR potentially so I think it's worth the risk.

It s not my main or highest probability setup though.
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Removed my short tp limit order. Will look to close manually instead.
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Scaled into position on bybit separate from mexc.
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I will lock in 50% of the #bitcoin short at $61600 if we reach it. Rest i will watch and close manually

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Closed 50% of short position. Think am hold the rest and scale in and take profit along the way until we reach 59k...possibly
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Scaled back in some more into bitcoin short here.
I have limit order set to take 50% at $61500 if all goes well
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Since am awake now. I removed the $61500 Tp on #bitcoin short. I'll opt to close manually instead base on the price action.
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Added a tiny bit more to short
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Just set a limit order to lock in 50% profit at $61500
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bitcoin short trade update.

Market is definitely trending down but slowly. Bulls are hanging on for dear life, they weak right now.

I anticipate lower lows.

I have re-opened my tp. (Will take profit manually)

Potential 50% close at $61,400

If push aggressively lower than $61,400 in 1 move then for sure am closing 50% at $61,100 area...$61000 is the target but am a front run it a bit given it plays out. Sometimes bitcoin will tease these psych levels by going close then correct before it hits it.
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secured 50% bitcoin short
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Monitoring. If falls more aggressive might take out 25% more (50% of remaining position)

Still not at 59k yet so I don't plan on closing fully.

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bitcoin short stop moved to breakeven avg entry.

Trade risk free now.

Limit order set at $60,650 for next 50% Tp

Plan to scale in later on again.

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Took some more profit off the #bitcoin short.

Anticipate a small pullback to $61500 area. I'll look to scale back in then.
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Scaled into #bitcoin short
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cpi data suggest increase in inflation
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limit order set to close 75% of bitcoin short at $59000. Will monitor the rest and close manually if needed
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75% profit secured at $59000
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50% tp of remaining position set to $58000
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Scaled into another bitcoin short
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Got clipped on that last scaled in. Should have waited some more to be honest, didn't get the cleanest confirmation
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Re entered short
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Last trade didn't work out either. Just entered another short in this new idea here
Bitcoin short back to $61700 or lower

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