Bitcoin has topped and acting like a security as it been riding the momentum of the security market.
Yes, we have a breach above all-time negative trend line resistance but its unchecked and area remained unconsolidated.
We believe a major pull back is inbound with a 20%+ negative spread in BTC.
Our position is a short.
Value 1000 BTC, Leverage 20.
Margin cost 200 BTC = 10,867$*200 = 2,173,400$.
T.p = 10,528$.
Est profit 1000 *350 = 350,000$ profit to first target line.