Mr.Million | BTC Chart Update and My BTC Position
2025-02-01
Category: None

In my last post, I mentioned #BTC was at a 50-50 crossroads but leaned bearish. What have I done since…?

From Jan 30 to 31, the unrealized PnL on my BTC short position currently open on OKX is $21,299, while the realized PnL from a partial TP is $17,954. I also traded on Bitget, where my BTC short has an unrealized PnL of $37,896 and a realized PnL of $25,565.

  

I am SHORT from ~ $105.8k (Jan 29) based on:
1)	Potential completion of Wave (Y) in an ABC form
2)	Bearish RSI Divergence (15-min)

💰Locked in half-profits (~$18k from #OKX & ~ GETTEX:25K  from #Bitget) 🤑 near 0.618 retracement of Wave (Y).

🎯 Next target! Taking half of my remaining position off ~ 0.382-0.500 retracement to Wave (W) start, with my final PT of ~$91k (Jan 14 low). 🙏📉💰
 
My stop is at ~$106k (Wave (Y) high), near break-even. 

Follow me and see how this trade plays out!