# 🚨🛑 Urgent Update for #BITCOIN Holders 🛑🚨
🛑🛑Alert! Alert! Alert!🛑🛑
Dear Colleagues,
We've noticed a critical shift in the $BTC market as it has dropped below the midpoint of the weekly Bollinger Band. This indicates the end of the bull market, prompting us to adjust our strategies accordingly.
# Long Positions:
The current market conditions are no longer favorable for long positions in $BTC . Therefore, we will begin gradually exiting our long positions during market rebounds over the next six months.
# Short Positions:
In preparation for a bear market, we are establishing significant short positions. Our profit-taking target for these shorts is set at $25,000, aligning with a notable gap at this price level.
# Adaptable Strategies:
Despite a 10% drop in #Bitcoin 's value, with a potential decline of over 70%, we see an opportunity. By shifting to a short-selling strategy, we aim to navigate the market's direction and recover from any losses.
# Stay Alert:
Trading is about capitalizing on opportunities, regardless of market trends. We encourage traders to remain vigilant and swiftly adapt to these changes.
Together, let's approach the market with confidence and determination for potential gains.