Great point I totally agree, although I don't like the idea of holding shorts overnight I'll absolutely start day trading short some of those that I'm familiar with
A lot of the big moves in btc and cryptos happen outside of RTH and on the weekends It's a lot more risk to hold short or any position overnight so it's understandable to stick to day trading Best of luck to you!
Crypto crash commences, I'm looking to short MARA RIOT etc if they go down. If btc gets sub 40 this week watch out below.....
will it go below 40000? today, various index futures and BTC are down. anyway, as of now, BTC day range is rather small at 1450.
Btc below 40K, now may be your chance 10yr yields up and a sea of red in tech stocks so everything is lined up for a good short trade Don't forget GBTC, COIN and MSTR as candidates
BTC at final support here near 39620 ish. trading below that for too long opens up 35k... below 35k not good at all anyone guess, could be a liquidation event than.
40% drawdown since November. https://bitcoincharts.com/charts/bitstampUSD#ig30-minzczsg2021-11-09ztgCzm1g200zm2g25zp Might not be a bad time to start building a position. Catching a falling bitcoin knife has always eventually paid off in the past...