I’m shorting gold until it hits $3230, that’s the support level. For BTC and crypto it’s a different story, I’m feeling bullish. We’re at a strong support and I think the bottom for BTC is behind us. Honestly, $83k seems way too low.
Thinking of shorting gold too. Now that the dust has settled, especially with China’s tariffs, why hold on? Crypto and stocks look like they might bounce back. Gold’s been hot lately but a lot of that is just FOMO and inflation fears kicking in. I increased my BTC position after seeing big whale buys on Hyperliquid, lol.
Why not just trade Nasdaq100 instead of picking individual stocks? Most of them just follow the index anyway. Just short/long QQQ and you’ll end up in the same place. I mean, BTC and Nasdaq generally move together so it makes sense you’re both bullish on them.
$83k as the lowest for BTC? Seriously? Did you see how low it plummeted this week? Tech stocks are about to crash. They’re in bed with Trump, profiting off the manipulation happening.
Not convinced about shorting gold... geopolitical tensions and wars are too out there. Gold’s price is steady because of all that chaos. I wouldn’t bet against it. As for those tech stocks you mentioned, they feel way overhyped post-COVID. Way too inflated.
What are your price points to take profit? Or are you just in it for the thrill? If you’re down after two months, are you closing positions or extending?
Seems like you’re hoping for a market reversal with those plans. I really hope Trump’s actions don’t mess up US stocks. Tariff grace period won’t last forever. The market doesn’t feel secure, especially with countries backing away from US deals.
BTC might dip more soon, but I still think it’s a good time to build positions for the long haul. We could hit $60k-70k, but in the grand scheme, it won’t matter much.