Bitcoin BTCUSD Short Setup Ugh, we didn't get a good enough bounce for me to consider the short, but it looks like it might be beginning. I don't want to jump the gun, but there is potential that this unfolds fast. If you can risk a smaller amount and get into a short, this might be the setup. It's just not the best setup to be risk-free with a stop loss But I am going to short here with a stop loss above $69,101 I don't love the risk management around this, but it is a rare moment the reward is just too big here to pass up this chance Update: Dropped $1000 as I was typing this and I am going as fast as I can. I got my short in. I am sorry I couldn't get this written fast enough after noticing the retest failure on the daily. Nothing is confirmed yet. Be flexible and I will keep looking for moments where getting in makes sense
Published Mar 29, 2026Updated Mar 29, 20262 min read
Bitcoin BTCUSD Short Setup Ugh, we didn't get a good enough bounce for me to consider the short, but it looks like it might be beginning. I don't want to jump the gun, but there is potential that this unfolds fast. If you can risk a smaller amount and get into a short, this might be the setup. It's just not the best setup to be risk-free with a stop loss But I am going to short here with a stop loss above $69,101 I don't love the risk management around this, but it is a rare moment the reward is just too big here to pass up this chance Update: Dropped $1000 as I was typing this and I am going as fast as I can. I got my short in. I am sorry I couldn't get this written fast enough after noticing the retest failure on the daily. Nothing is confirmed yet. Be flexible and I will keep looking for moments where getting in makes sense