๐จ Before Dec 11: Avoid Shorting $BTC !
Hereโs my take: until December 11 (Beijing time), even if you're bearish, avoid shorting. Why? ๐ค
๐ Potential Catalyst: If Microsoft announces a $5 billion investment in #BTC, the price could surge by 5% that day! ๐ Of course, there's a chance it might not happen, but even then, the impact on BTC will likely be minimal.
๐ญ What if it doesnโt happen?
FOMO sentiment might cool slightly, but not by much.
No major negative news has emerged for BTC so far. In fact, more people are jumping in, fueling the FOMO fire ๐ฅ.
โก Key Event: Michael Saylor is attending a Microsoft board meeting before the 11th. If he hints at Microsoftโs strong interest, expect another BTC rally ๐.
๐ Bottom Line: Whether bullish or bearish, donโt short before the 11th. The risk of being caught on the wrong side is too high! ๐ซ