On Monday I had a price prediction -- the coming week BTC would go up to 13500 or even to 14000, then there would be a reaction. And so it did eventually: BTC jumped to 13500 in one day and then touched 13850-something -- only to fall back to 12800 something later. At the moment it's at ~13200-13300.
I knew it, I knew it!!!!1 As you can see, on a trending market even a monkey can do beautiful price predictions.
I sold my 0.01 BTC stock at about 13450. Well, actually I shorted 0.01 BTC at that price, then covered, then shorted again, and so on, but it's safe to say that after a series of trades I finally exited into USDT at about 13450.
In hindsight, I understand that during this BTC rally shorting shitcoins was a more profitable idea than longing BTC (at least, if you longed spot BTC and not heavily leveraged BTC futures). Well, let's mark it down for later use.
So, now what? At this point doing beautiful price predictions becomes a bit tough for a monkey... Personally, I believe that for several weeks we will have a flat around 13K, so a buy below 13K and a sell above 13K looks like a good strategy.
Also I hope that with BTC going flat the shitcoins will undead from their current oversold coma and it will be possible to rip some BTC there. Also, I started a yield hacking deal which involves staking shitcoins at Binance. Hopefully, in a couple of weeks, I will do a report about the deal's outcome.
As of now, there's little left to do for me again, except playing BTC futures with a 5 bucks depo.
So good luck, folks!
Here goes disclaimer.
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