Johnny_Rockets88

Bitcoin's Next Move

Long
BITSTAMP:BTCUSD   Bitcoin
Its a pretty simple chart, short target was hit. Now tether will be used to squeeze the short traders who are looking for <15k Bitcoin.

My play
5 MSTR Calls $145 Strike January 27th, will roll these forward to March at 50% profit
5 MSTR Calls $140 Strike March 17th
Comment:
The China reopen will be a flop but there will be at least 3 months of propaganda about Oil prices and inflation from Chinese consumers. Meanwhile the world will be pulling cash out of China as inventories aren't getting replenished and Chinese UE raises. SSE will make 3055 during this move higher. Then its a long term short on SSE as they become Japan after 2000 crash
Comment:
Both positions closed for 86% profit. Waiting for re entry point tomorrow
Comment:
I opened a short position yesterday before close 1 $155.5 call on MSTR , I closed it at 9:50 for a 200% profit.
New position opened 2 March 17th $160 calls on MSTR, will reassess at 12:30 might close 1 for a second entry before close
Comment:
Edit to above... "I opened a short position yesterday before close 1 $155.5 PUT on MSTR , I closed it at 9:50 for a 200% profit."
Comment:
Love watching the bears double down. Only making the squeeze bigger.... Position is currently 114% in profit. This is after an almost 300% profit on the first trade.

I turned $1800 into $10,400....
Comment:
This position after rolling 3x is siting at $28700. Just a 16x no biggie......

Keep following, this is only the very beginning of this pump.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.