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Short Maestro
@Japanese_Goblin
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Wow the last few days is literally FOMO visualized. Don't fall for this.
Still holding my short at 63k. Liq. at 78k, collecting funding fee and chilling.
As I said before not closing until 45k
Also this volatility just shows that high leverage does not work. How can someone survive in such rapidly moving market with high leverage? It's impossible. Low leverage short is always the way.
RIP to the shorts who got rekt but then again they were playing with fire and got burnt
#ShortMaestro
Still holding my short at 63k. Liq. at 78k, collecting funding fee and chilling.
As I said before not closing until 45k
Also this volatility just shows that high leverage does not work. How can someone survive in such rapidly moving market with high leverage? It's impossible. Low leverage short is always the way.
RIP to the shorts who got rekt but then again they were playing with fire and got burnt
#ShortMaestro
Okay since a lot of my followers are asking for a post here is an update on $BTC :
Nothing has changed we are still on a downwards trajectory. I am not posting because there is nothing new. I am still holding short. The end.
#ShortMaestro
Nothing has changed we are still on a downwards trajectory. I am not posting because there is nothing new. I am still holding short. The end.
#ShortMaestro
Made a lot of unrealized gains with a good short on $BTC ?
Don't make this mistake
Do NOT add your unrealized gains as additional margin to increase your short position size
Do NOT increase leverage and add the extra margin on your short to go heavier
Just calm down and wait for more profits on your already existing position, or else you will lose all your unrealized gains + potentially a loss of your original investment even if the price is below your initial entry.
Trust me it's not worth it don't learn it the hard way
#ShortMaestro
Don't make this mistake
Do NOT add your unrealized gains as additional margin to increase your short position size
Do NOT increase leverage and add the extra margin on your short to go heavier
Just calm down and wait for more profits on your already existing position, or else you will lose all your unrealized gains + potentially a loss of your original investment even if the price is below your initial entry.
Trust me it's not worth it don't learn it the hard way
#ShortMaestro
Despite massive losses on every coin out there recently, nothing even comes close to the losses of $HMSTR CEOs.
You think losing a few thousand is so unbearable? Think again. These unintelligent beings just played some stupid game that ChatGPT can probably make in 5 min, every day for weeks or months.
And what they got? A few dollars. Being a McDonald's wagie is significantly more profitable.
Imagine falling for this, it's worse than monetary loss because it's honestly depressing how people can be so ignorant and unproductive...
Get a job
#ShortMaestro
You think losing a few thousand is so unbearable? Think again. These unintelligent beings just played some stupid game that ChatGPT can probably make in 5 min, every day for weeks or months.
And what they got? A few dollars. Being a McDonald's wagie is significantly more profitable.
Imagine falling for this, it's worse than monetary loss because it's honestly depressing how people can be so ignorant and unproductive...
Get a job
#ShortMaestro
The profits are coming
I am not closing until 45k
I did nothing but wait to achieve this
Follow for more great shorts, simple and safe
Day trading is gambling and patience is a guatanteed success method
Risk comes from lack of knowledge and the inherent nature of crypto, not the market trend
If your long got liquidated rip bozo I win again for the millionth time, you fell for the same FOMO trap again and again and again..
#ShortMaestro $BTC
I am not closing until 45k
I did nothing but wait to achieve this
Follow for more great shorts, simple and safe
Day trading is gambling and patience is a guatanteed success method
Risk comes from lack of knowledge and the inherent nature of crypto, not the market trend
If your long got liquidated rip bozo I win again for the millionth time, you fell for the same FOMO trap again and again and again..
#ShortMaestro $BTC
My short entry on $BTC is now 63k 5x
Come fight me my liquidation is at 78k
I am aiming for 45k this time, last time 48k dump wasn't enough
This is the moment before my lost brother Long Maestro comes back in a year or so
Despite my name I am not a braindead shorter, I did infact go long months ago from 59k all the way up to 69k. I go when the time is correct, but this time my prediction is clear:
Bitcoin may pump a bit more due to FOMO with rate cuts, but it will inevitably crash. It might not even pump that much more before the dump.
How much will it pump that I cannot precisely predict, human emotions are the single cause of FOMO and it's hard to predict how irrational people can be.
BUT what I do know is price will be lower than current levels in the end, so what should you do?
1. Go short with high leverage because dump is coming (You get liquidated by a sudden pump and then price dumps below your entry level, you cry)
2. Go long to snipe the potential quick pump with SL and trailing stop, and then reverse to short after (Actual viable strategy, needs knowledge and time though)
3. Just keep shorting with small % of your capital every time it pumps at low leverage and keep waiting. (My plan)
4. FOMO into buying which won't even bring you significant profits in the best case scenario (Most retail choose this)
5. FOMO but go high leverage long and pray then cry about manipulation when market dumps and they get rekt (Retail gamblers)
#ShortMaestro
Come fight me my liquidation is at 78k
I am aiming for 45k this time, last time 48k dump wasn't enough
This is the moment before my lost brother Long Maestro comes back in a year or so
Despite my name I am not a braindead shorter, I did infact go long months ago from 59k all the way up to 69k. I go when the time is correct, but this time my prediction is clear:
Bitcoin may pump a bit more due to FOMO with rate cuts, but it will inevitably crash. It might not even pump that much more before the dump.
How much will it pump that I cannot precisely predict, human emotions are the single cause of FOMO and it's hard to predict how irrational people can be.
BUT what I do know is price will be lower than current levels in the end, so what should you do?
1. Go short with high leverage because dump is coming (You get liquidated by a sudden pump and then price dumps below your entry level, you cry)
2. Go long to snipe the potential quick pump with SL and trailing stop, and then reverse to short after (Actual viable strategy, needs knowledge and time though)
3. Just keep shorting with small % of your capital every time it pumps at low leverage and keep waiting. (My plan)
4. FOMO into buying which won't even bring you significant profits in the best case scenario (Most retail choose this)
5. FOMO but go high leverage long and pray then cry about manipulation when market dumps and they get rekt (Retail gamblers)
#ShortMaestro
Fun fact: IBIT, BlackRock's iShares Bitcoin Trust ETF, holds about $21billion USD worth of Bitcoin. (Around 360k BTC)
How much is an IBIT share? $36 as I write. What's the market cap though? A whopping $137.58 Billion USD.
That's a lot of gap to fill, right? How is it even possible that they basically sold ETFs worth 6 times more than their BTC holdings? How is this legal? Why is this not being questioned?
The answer is: This is how they make money. They have 0 interest in the future of Bitcoin. They just need to sell their ETF. In fact, they are so infamous of making something out of thin air, add a invisible value and make people invest. They are the masters of this art, which is the reason why every Futures market has a bigger market cap than the underlying assets.
Which leads to a massive bubble and causes an economic crisis, but then they also anticipate that and short the market. Remember 2008? This was caused by Wall Street creating value from nothing.
MicroStrategy implements similar tactics. They sell bonds to pay off previous bonds, and use leftover cash to buy BTC which they use to overvalue their company, a company that actually does nothing.... Did you know they are on paper some software development firm?
And then they sell more bonds and repeat... It's debt to pay off debt to make even more debt... And the ticking bombshell will be dropped on the investors, not the company board memebers.
Ever wondered how much Michael Saylor and his minions pay themselves each year for buying BTC? Google it, surprisingly the info is public.
#ShortMaestro
How much is an IBIT share? $36 as I write. What's the market cap though? A whopping $137.58 Billion USD.
That's a lot of gap to fill, right? How is it even possible that they basically sold ETFs worth 6 times more than their BTC holdings? How is this legal? Why is this not being questioned?
The answer is: This is how they make money. They have 0 interest in the future of Bitcoin. They just need to sell their ETF. In fact, they are so infamous of making something out of thin air, add a invisible value and make people invest. They are the masters of this art, which is the reason why every Futures market has a bigger market cap than the underlying assets.
Which leads to a massive bubble and causes an economic crisis, but then they also anticipate that and short the market. Remember 2008? This was caused by Wall Street creating value from nothing.
MicroStrategy implements similar tactics. They sell bonds to pay off previous bonds, and use leftover cash to buy BTC which they use to overvalue their company, a company that actually does nothing.... Did you know they are on paper some software development firm?
And then they sell more bonds and repeat... It's debt to pay off debt to make even more debt... And the ticking bombshell will be dropped on the investors, not the company board memebers.
Ever wondered how much Michael Saylor and his minions pay themselves each year for buying BTC? Google it, surprisingly the info is public.
#ShortMaestro
Futures are too dangerous? It's honestly the only reason to invest on Crypto IMO.
Buying some totally random memecoin for potential 100x surge is even riskier. Going leveraged long/short on something like $BTC is not only safer but easier and more profitable, sustainable.
Liquidation is a massive skill issue, get good
#ShortMaestro
Buying some totally random memecoin for potential 100x surge is even riskier. Going leveraged long/short on something like $BTC is not only safer but easier and more profitable, sustainable.
Liquidation is a massive skill issue, get good
#ShortMaestro
My short entry on $BTC is now 63k 5x
Come fight me my liquidation is at 78k
I am aiming for 45k this time, last time 48k dump wasn't enough
This is the moment before my lost brother Long Maestro comes back in a year or so
Despite my name I am not a braindead shorter, I did infact go long months ago from 59k all the way up to 69k. I go when the time is correct, but this time my prediction is clear:
Bitcoin may pump a bit more due to FOMO with rate cuts, but it will inevitably crash. It might not even pump that much more before the dump.
How much will it pump that I cannot precisely predict, human emotions are the single cause of FOMO and it's hard to predict how irrational people can be.
BUT what I do know is price will be lower than current levels in the end, so what should you do?
1. Go short with high leverage because dump is coming (You get liquidated by a sudden pump and then price dumps below your entry level, you cry)
2. Go long to snipe the potential quick pump with SL and trailing stop, and then reverse to short after (Actual viable strategy, needs knowledge and time though)
3. Just keep shorting with small % of your capital every time it pumps at low leverage and keep waiting. (My plan)
4. FOMO into buying which won't even bring you significant profits in the best case scenario (Most retail choose this)
5. FOMO but go high leverage long and pray then cry about manipulation when market dumps and they get rekt (Retail gamblers)
#ShortMaestro
Come fight me my liquidation is at 78k
I am aiming for 45k this time, last time 48k dump wasn't enough
This is the moment before my lost brother Long Maestro comes back in a year or so
Despite my name I am not a braindead shorter, I did infact go long months ago from 59k all the way up to 69k. I go when the time is correct, but this time my prediction is clear:
Bitcoin may pump a bit more due to FOMO with rate cuts, but it will inevitably crash. It might not even pump that much more before the dump.
How much will it pump that I cannot precisely predict, human emotions are the single cause of FOMO and it's hard to predict how irrational people can be.
BUT what I do know is price will be lower than current levels in the end, so what should you do?
1. Go short with high leverage because dump is coming (You get liquidated by a sudden pump and then price dumps below your entry level, you cry)
2. Go long to snipe the potential quick pump with SL and trailing stop, and then reverse to short after (Actual viable strategy, needs knowledge and time though)
3. Just keep shorting with small % of your capital every time it pumps at low leverage and keep waiting. (My plan)
4. FOMO into buying which won't even bring you significant profits in the best case scenario (Most retail choose this)
5. FOMO but go high leverage long and pray then cry about manipulation when market dumps and they get rekt (Retail gamblers)
#ShortMaestro
So fed rate cut by 50bps, as expected, and a temporary pump also as expected... time to short.
$BTC $ETH are the only two I will short.
#ShortMaestro
$BTC $ETH are the only two I will short.
#ShortMaestro
What Next For Bitcoin? Giga Pump?
Hello followers sorry for inactivity, I have been very busy with IRL issues
Straight to the point, $BTC is the only thing we care about, so some analysis on the recent trend and what to expect next
Bitcoin pumped back moderately from 52.5k bottom all the way to 60k, this was not a surprise due to the extremely high short liquidations stacked all the way at 59k. Which is exactly what happened, there was a burst of price pump near 58k~59k and it slowly moved to 60k.
Not much short squeeze from here, Bitcoin will need real inflow to pump even higher. Considering how ATH is 73k and everyone was expecting 100k or idk, a few million dollars (XD), this is obviously not a super bullish run. It's at the end and just clinging on for life.
In fact, looking at 4hr chart Bitcoin was magically saved near 57k zone, when every indicator was suggesting a straight dive from here. Some very high volume trades pushed it back up, probably to short squeeze. Even then, now the volume is so low and it's stagnating.
I closed my short way earlier, and opened a small long/short hedge at 54k, closed my long and left my short, I will be adding more shorts every time Bitcoin pumps above 60k. Not all-in, split orders as always with low leverage.
Regarding the claims that Funding Rate being negative will be the cause for a price surge, Funding Rate was always 0.01% for BTC the last year, except certain times. And when BTC did actually peak to ATH, it was near 0.1%, 10x. and it still pumped so...
One thing to understand about funding rate is that it's just a tool to keep futures price and index price the same. Since we have Perpetual Futures, the gap between Futures and Spot market can be different. Which is called a Basis. There are ways to profit from this, called Gap Trading but more on that later. Anyways, this basis doesn't always mean something is super overvalued or undervalued. Since crypto is so volatile and is open for trading 24/7, the fluctuations can be enough to create a basis gap which can lead to abnormal funding rates. Unless the high funding rate persists, it's just market uncertainity.
There is still no real reason to buy BTC at this moment I believe, it's not a good investment for massive gains, even if BTC does pump significantly, there is no exponential gains anymore. That's for people who bought when BTC was like, $1000 or even $1. No more opportunities like that, unless you go leveraged long... which leads to another issue I will talk about later.
The imbalance between Risk-Reward ratio on BTC is probably why so many are going for altcoins and memecoins. Bitcoin, despite being one of the most stable coin in the crypto market, is still very volatile compared to traditional investments. It's simply not worth the risk. Many retails (or gamblers) want those massive fat gainz and BTC doesn't provide.
Which leads to another issue, BTC isn't really a "hedge against market uncertainity and inflation". That's called Gold. There is no "Safe asset" that just happens to pump and dump 3~5% every day. Or sometimes even 20%. That's Bitcoin. You want safe storage of value, just buy gold and treasury bonds. I can't believe why so many people think all those big companies would buy billions $$ worth of BTC. If they wanted to, they already would have done it. In fact, a lot of super rich people who claim BTC is good, have a shitton of money to buy BTC themselves too. Like, actually pump it significantly, but they don't.. A logical discrepency.
Anyways, the overall trend is still down. I believe Bitcoin will dump around 20%~25%, and when recession is over (Which will be another 2 years), we will have another hype driven giga bull market when everyone will be happy... until it crashes again and repeats. Until then, I will keep shorting. Speaking of hype, which is the only reason crypto pumps, it's really reaching the fatigue level. So think before you FOMO dive into some shitcoin. Bye!
Oh one last thing, watch out for FOMC meeting, which will probably do a 50bps rate cut and market will be super volatile. Could be an opportunity. Or your liquidation if you risk too much xD
#ShortMaestro
Straight to the point, $BTC is the only thing we care about, so some analysis on the recent trend and what to expect next
Bitcoin pumped back moderately from 52.5k bottom all the way to 60k, this was not a surprise due to the extremely high short liquidations stacked all the way at 59k. Which is exactly what happened, there was a burst of price pump near 58k~59k and it slowly moved to 60k.
Not much short squeeze from here, Bitcoin will need real inflow to pump even higher. Considering how ATH is 73k and everyone was expecting 100k or idk, a few million dollars (XD), this is obviously not a super bullish run. It's at the end and just clinging on for life.
In fact, looking at 4hr chart Bitcoin was magically saved near 57k zone, when every indicator was suggesting a straight dive from here. Some very high volume trades pushed it back up, probably to short squeeze. Even then, now the volume is so low and it's stagnating.
I closed my short way earlier, and opened a small long/short hedge at 54k, closed my long and left my short, I will be adding more shorts every time Bitcoin pumps above 60k. Not all-in, split orders as always with low leverage.
Regarding the claims that Funding Rate being negative will be the cause for a price surge, Funding Rate was always 0.01% for BTC the last year, except certain times. And when BTC did actually peak to ATH, it was near 0.1%, 10x. and it still pumped so...
One thing to understand about funding rate is that it's just a tool to keep futures price and index price the same. Since we have Perpetual Futures, the gap between Futures and Spot market can be different. Which is called a Basis. There are ways to profit from this, called Gap Trading but more on that later. Anyways, this basis doesn't always mean something is super overvalued or undervalued. Since crypto is so volatile and is open for trading 24/7, the fluctuations can be enough to create a basis gap which can lead to abnormal funding rates. Unless the high funding rate persists, it's just market uncertainity.
There is still no real reason to buy BTC at this moment I believe, it's not a good investment for massive gains, even if BTC does pump significantly, there is no exponential gains anymore. That's for people who bought when BTC was like, $1000 or even $1. No more opportunities like that, unless you go leveraged long... which leads to another issue I will talk about later.
The imbalance between Risk-Reward ratio on BTC is probably why so many are going for altcoins and memecoins. Bitcoin, despite being one of the most stable coin in the crypto market, is still very volatile compared to traditional investments. It's simply not worth the risk. Many retails (or gamblers) want those massive fat gainz and BTC doesn't provide.
Which leads to another issue, BTC isn't really a "hedge against market uncertainity and inflation". That's called Gold. There is no "Safe asset" that just happens to pump and dump 3~5% every day. Or sometimes even 20%. That's Bitcoin. You want safe storage of value, just buy gold and treasury bonds. I can't believe why so many people think all those big companies would buy billions $$ worth of BTC. If they wanted to, they already would have done it. In fact, a lot of super rich people who claim BTC is good, have a shitton of money to buy BTC themselves too. Like, actually pump it significantly, but they don't.. A logical discrepency.
Anyways, the overall trend is still down. I believe Bitcoin will dump around 20%~25%, and when recession is over (Which will be another 2 years), we will have another hype driven giga bull market when everyone will be happy... until it crashes again and repeats. Until then, I will keep shorting. Speaking of hype, which is the only reason crypto pumps, it's really reaching the fatigue level. So think before you FOMO dive into some shitcoin. Bye!
Oh one last thing, watch out for FOMC meeting, which will probably do a 50bps rate cut and market will be super volatile. Could be an opportunity. Or your liquidation if you risk too much xD
#ShortMaestro
What Next For Bitcoin? Giga Pump?
Hello followers sorry for inactivity, I have been very busy with IRL issues
Straight to the point, $BTC is the only thing we care about, so some analysis on the recent trend and what to expect next
Bitcoin pumped back moderately from 52.5k bottom all the way to 60k, this was not a surprise due to the extremely high short liquidations stacked all the way at 59k. Which is exactly what happened, there was a burst of price pump near 58k~59k and it slowly moved to 60k.
Not much short squeeze from
Straight to the point, $BTC is the only thing we care about, so some analysis on the recent trend and what to expect next
Bitcoin pumped back moderately from 52.5k bottom all the way to 60k, this was not a surprise due to the extremely high short liquidations stacked all the way at 59k. Which is exactly what happened, there was a burst of price pump near 58k~59k and it slowly moved to 60k.
Not much short squeeze from
All of my followers and short enjoyers we are making profits. I have waited for so long, it is about time I get paid for my patience.
The only thing I did was low leverage shorts. I didn't believe in some fantasy that every shitcoin would go to the moon, I saw reality but also recognized that the crypto market is too volatile, and mostly unreasonable in the short term.
Therefore, going high leverage on crypto is adding another layer of risk on an already high risk high yield investment. There's no way it works, the entire thing is based on luck. You don't rely on luck to profit from your investments. That's completely different.
Anyways, I will keep doing what I have been doing. Shorting $BTC at low leverage and constantly growing my capital.. Until 45k at least. Then I will think what to do from there, things could be different in the future so new analysis will be necessary.
Stay safe don't get liquidated and keep rolling your investments. Peace
Oh also #Trondao is moving a lot of their BTC, maybe Justin Sun is finally pulling it off. Watch out.
#ShortMaestro
The only thing I did was low leverage shorts. I didn't believe in some fantasy that every shitcoin would go to the moon, I saw reality but also recognized that the crypto market is too volatile, and mostly unreasonable in the short term.
Therefore, going high leverage on crypto is adding another layer of risk on an already high risk high yield investment. There's no way it works, the entire thing is based on luck. You don't rely on luck to profit from your investments. That's completely different.
Anyways, I will keep doing what I have been doing. Shorting $BTC at low leverage and constantly growing my capital.. Until 45k at least. Then I will think what to do from there, things could be different in the future so new analysis will be necessary.
Stay safe don't get liquidated and keep rolling your investments. Peace
Oh also #Trondao is moving a lot of their BTC, maybe Justin Sun is finally pulling it off. Watch out.
#ShortMaestro
A lot of attempts at market manipulation, but in the end low leverage short will be the only profitable trade. It has been that way for a very long time and is going to remain that way until recession ends.
I am continuing my short on $BTC and it's working very nicely. Expecting 45k in months. And then I will maybe consider starting buying, slowly at a time.
$BTC probably won't go to 15k like last dump, but maybe 40k ish. At worst case 38k? But definitely not below 35k. So anywhere below 40k would be a good sign to buy.
But to do so you need to actually have money when the crash happens, however most people will be unable to catch this opportunity as they bought at the peak and thought they are geniuses, choosing which color their Lamborghini will be. And they are at debt, can't pay their bills, stuck with their shitty entry price... RIP bozos
#ShortMaestro
I am continuing my short on $BTC and it's working very nicely. Expecting 45k in months. And then I will maybe consider starting buying, slowly at a time.
$BTC probably won't go to 15k like last dump, but maybe 40k ish. At worst case 38k? But definitely not below 35k. So anywhere below 40k would be a good sign to buy.
But to do so you need to actually have money when the crash happens, however most people will be unable to catch this opportunity as they bought at the peak and thought they are geniuses, choosing which color their Lamborghini will be. And they are at debt, can't pay their bills, stuck with their shitty entry price... RIP bozos
#ShortMaestro
Some fake news I keep seeing everywhere regarding $TRX and Warren Buffett,
He never bought Tron himself. He was gifted that amount of TRX by Justin Sun, and now Sun is selling Buffett's name to advertise his shitcoin.
Does Warren Buffett even know he has TRX? Nothing confirmed. All the claims are from Justin Sun, nothing from Buffett.
Stop falling for fake news and manipulation!!! Crypto is full of lies and scams.
#ShortMaestro
He never bought Tron himself. He was gifted that amount of TRX by Justin Sun, and now Sun is selling Buffett's name to advertise his shitcoin.
Does Warren Buffett even know he has TRX? Nothing confirmed. All the claims are from Justin Sun, nothing from Buffett.
Stop falling for fake news and manipulation!!! Crypto is full of lies and scams.
#ShortMaestro
A lot of attempts at market manipulation, but in the end low leverage short will be the only profitable trade. It has been that way for a very long time and is going to remain that way until recession ends.
I am continuing my short on $BTC and it's working very nicely. Expecting 45k in months. And then I will maybe consider starting buying, slowly at a time.
$BTC probably won't go to 15k like last dump, but maybe 40k ish. At worst case 38k? But definitely not below 35k. So anywhere below 40k would be a good sign to buy.
But to do so you need to actually have money when the crash happens, however most people will be unable to catch this opportunity as they bought at the peak and thought they are geniuses, choosing which color their Lamborghini will be. And they are at debt, can't pay their bills, stuck with their shitty entry price... RIP bozos
#ShortMaestro
I am continuing my short on $BTC and it's working very nicely. Expecting 45k in months. And then I will maybe consider starting buying, slowly at a time.
$BTC probably won't go to 15k like last dump, but maybe 40k ish. At worst case 38k? But definitely not below 35k. So anywhere below 40k would be a good sign to buy.
But to do so you need to actually have money when the crash happens, however most people will be unable to catch this opportunity as they bought at the peak and thought they are geniuses, choosing which color their Lamborghini will be. And they are at debt, can't pay their bills, stuck with their shitty entry price... RIP bozos
#ShortMaestro
#MarketSentimentToday $BTC
Potential short squeeze alert!!! 62k is possible
Of course if you are my follower it doesn't matter but if you are going high leverage please take caution, this is not safe
#ShortMaestro
Potential short squeeze alert!!! 62k is possible
Of course if you are my follower it doesn't matter but if you are going high leverage please take caution, this is not safe
#ShortMaestro
Follow up from yesterday's post: 58k was in fact achieved as a quick dump, now the question is 56k and below. The potential peak is still 66.6k, but it's unlikely.
Looking at the 1hr chart, it seems like a quick rebound is possible. I recommend keeping your short but also open a small long position for quick profits.
Turn on cross mode and hedge mode enabled to both positions simultaneously.
Overall trend is still down.
#ShortMaestro #VOTEme
Looking at the 1hr chart, it seems like a quick rebound is possible. I recommend keeping your short but also open a small long position for quick profits.
Turn on cross mode and hedge mode enabled to both positions simultaneously.
Overall trend is still down.
#ShortMaestro #VOTEme
The recent market trend, following Powell's insinuation of a rate cut, seems to be clearer than ever.
It's the same as previously expected, the rate cut will not exceed 100bps and most likely will be 50bps.
Immediately after Powell made his speech, Bitcoin pumped within minutes. After peaking in the 65k zone it is now staggering at 63k, and more downfall is expected as most investors expected some magic miracle triggered by rate cuts and that's not how it works.
Monetary policy is not the cause of a market trend, it's more like damage control to keep things in balance. Historically, since 2000, nearly every market crash was preceded by a rate cut. Why? Because before the rate cut, there was a rate hike to contain a huge bubble. That bubble didn't disappear. It's blowing up and to boost the economy from a follow up recession a rate cut comes in.
$BTC max peak is most likely 66.7k, dump can be 58k and below immediately.
#ShortMaestro #PowellAtJacksonHole
It's the same as previously expected, the rate cut will not exceed 100bps and most likely will be 50bps.
Immediately after Powell made his speech, Bitcoin pumped within minutes. After peaking in the 65k zone it is now staggering at 63k, and more downfall is expected as most investors expected some magic miracle triggered by rate cuts and that's not how it works.
Monetary policy is not the cause of a market trend, it's more like damage control to keep things in balance. Historically, since 2000, nearly every market crash was preceded by a rate cut. Why? Because before the rate cut, there was a rate hike to contain a huge bubble. That bubble didn't disappear. It's blowing up and to boost the economy from a follow up recession a rate cut comes in.
$BTC max peak is most likely 66.7k, dump can be 58k and below immediately.
#ShortMaestro #PowellAtJacksonHole
All followers I need content creator awards vote every day so I get a cool badge next to my name.
The prize pool is not even worth it unless you are in top 100, they got more than 10k votes.
Obviously I can't get 10k votes but I can get 100 votes to get a badge. Please vote me, I posted a lot of shit the past year. And if you did follow my advice, which some of you did, you made money. I delivered.
Sure my predictions and analysis were very unpopular but it was correct, when everyone was FOMOing I presented different views... and I was correct.
All the people who called me a 🤡 magically disappeared. I didn't block them, they simply got liquidated and left.
And yet I am still here making money with shorts.
#ShortMaestro #VOTEme
The prize pool is not even worth it unless you are in top 100, they got more than 10k votes.
Obviously I can't get 10k votes but I can get 100 votes to get a badge. Please vote me, I posted a lot of shit the past year. And if you did follow my advice, which some of you did, you made money. I delivered.
Sure my predictions and analysis were very unpopular but it was correct, when everyone was FOMOing I presented different views... and I was correct.
All the people who called me a 🤡 magically disappeared. I didn't block them, they simply got liquidated and left.
And yet I am still here making money with shorts.
#ShortMaestro #VOTEme
The recent market trend, following Powell's insinuation of a rate cut, seems to be clearer than ever.
It's the same as previously expected, the rate cut will not exceed 100bps and most likely will be 50bps.
Immediately after Powell made his speech, Bitcoin pumped within minutes. After peaking in the 65k zone it is now staggering at 63k, and more downfall is expected as most investors expected some magic miracle triggered by rate cuts and that's not how it works.
Monetary policy is not the cause of a market trend, it's more like damage control to keep things in balance. Historically, since 2000, nearly every market crash was preceded by a rate cut. Why? Because before the rate cut, there was a rate hike to contain a huge bubble. That bubble didn't disappear. It's blowing up and to boost the economy from a follow up recession a rate cut comes in.
$BTC max peak is most likely 66.7k, dump can be 58k and below immediately.
#ShortMaestro #PowellAtJacksonHole
It's the same as previously expected, the rate cut will not exceed 100bps and most likely will be 50bps.
Immediately after Powell made his speech, Bitcoin pumped within minutes. After peaking in the 65k zone it is now staggering at 63k, and more downfall is expected as most investors expected some magic miracle triggered by rate cuts and that's not how it works.
Monetary policy is not the cause of a market trend, it's more like damage control to keep things in balance. Historically, since 2000, nearly every market crash was preceded by a rate cut. Why? Because before the rate cut, there was a rate hike to contain a huge bubble. That bubble didn't disappear. It's blowing up and to boost the economy from a follow up recession a rate cut comes in.
$BTC max peak is most likely 66.7k, dump can be 58k and below immediately.
#ShortMaestro #PowellAtJacksonHole
Quick $BTC Update:
Short Squeeze very likely up to 61k~62k. Then probably immediate reversal after short squeeze ends. There is no merit to buy right now, but the amount of overleveraged shorts and negative funding rate that lasted for quite a bit will be enough to cause a short squeeze.
If you want to profit quickly, you can go for a quick long setup but be ware of the reversal. If you are intending to short, make sure your risk is low enough to survive a short squeeze, because after that it's pretty much a guaranteed dump.
Liquidation Map from Coinglass shows concentrated liquidations on 60k~62k for shorts, and 56k~50k for longs. These are key points, however 60k liquidations were hit multiple times and after barely peaking to 61k there was no more inflow to pump the price higher. The only reason it spike pumps time to time in the last month is due to short liquidations, not real inflow.
As always my liquidation is so high it's impossible, it's not high profits but atleast I can just wait it out as much as I want. I do not plan to go long to quickly snipe this short squeeze because the crash will happen all of a sudden while pumping. I predict the longer trend will be downwards on and on, no need to do risky bets for some quick profits when I've been trading so safely for months.
That's it stay safe don't get liquidated, it's not an option bye!! Stop gambling. Picture is 1 week liquidation map, possible points of a cascade liquidation.
Summary: Quick pump to liquidate shorts then dump near 62k.
#ShortMaestro
Short Squeeze very likely up to 61k~62k. Then probably immediate reversal after short squeeze ends. There is no merit to buy right now, but the amount of overleveraged shorts and negative funding rate that lasted for quite a bit will be enough to cause a short squeeze.
If you want to profit quickly, you can go for a quick long setup but be ware of the reversal. If you are intending to short, make sure your risk is low enough to survive a short squeeze, because after that it's pretty much a guaranteed dump.
Liquidation Map from Coinglass shows concentrated liquidations on 60k~62k for shorts, and 56k~50k for longs. These are key points, however 60k liquidations were hit multiple times and after barely peaking to 61k there was no more inflow to pump the price higher. The only reason it spike pumps time to time in the last month is due to short liquidations, not real inflow.
As always my liquidation is so high it's impossible, it's not high profits but atleast I can just wait it out as much as I want. I do not plan to go long to quickly snipe this short squeeze because the crash will happen all of a sudden while pumping. I predict the longer trend will be downwards on and on, no need to do risky bets for some quick profits when I've been trading so safely for months.
That's it stay safe don't get liquidated, it's not an option bye!! Stop gambling. Picture is 1 week liquidation map, possible points of a cascade liquidation.
Summary: Quick pump to liquidate shorts then dump near 62k.
#ShortMaestro
Short squeeze alert!!! $BTC will keep doing random pumps before crashing!!
As always low leverage protects you from any kind of BS. The sudden surge in volume and the huge price gap within hours all indicate this is not retail.
Whatever we do is irrelevant to the market anyways. The big players are so powerful and they have control. Don't donate to these guys!!
I am still going short, adding more every time it pumps. I am being very safe, my liquidation is at 150k it is impossible. You need to be this safe to profit and survive.
#ShortMaestro
As always low leverage protects you from any kind of BS. The sudden surge in volume and the huge price gap within hours all indicate this is not retail.
Whatever we do is irrelevant to the market anyways. The big players are so powerful and they have control. Don't donate to these guys!!
I am still going short, adding more every time it pumps. I am being very safe, my liquidation is at 150k it is impossible. You need to be this safe to profit and survive.
#ShortMaestro