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Parent Post: I'm Shorting Bitcoin
maximilian
·
11/5/2025, 8:35:45 PM
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Can you elaborate on the 12k bitcoin thing? I mean a big correction to flush out retail retards that bought at 100k to around 30k but 12k sounds wild :D
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hunter
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11/5/2025, 8:44:31 PM
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Please be aware that since I posted the OC, Bitcoin price already moved down to the 102K to test the 50, which I said I believed was a guaranteed move. Everything else I spoke about is not yet guaranteed until the weekly closes under the 50 MA line.
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hunter
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11/5/2025, 8:38:21 PM
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Finding bottom support in the bear market will return Bitcoin's price to levels previously supported in the past. These levels are: 55K, 40K, 25K, or 10K. It's just periods of consolidation in Bitcoin's price where people have investment significantly at that price specifically that they'd be unwilling to sell below that price, so sell pressure loosens and the market can reverse.
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