Be careful shorting, Robinhood signed up million users when it announced bitcoin trading. Even if 50% of them buy it on average for $1000, that will get close to few 100 million dollars of buy pressure easily.
yes. it is going up slowly.
getting ready to short when the price hits the resistance level of 10k.
Then I will target profit level at 5000.

It hit the resistance level of 10K already and I hope you had put your short position on the CME futures or CBOE futures or whichever platform it is you were planning to short bitcoin in. 5K profit target sounds good, and you'll make lots of $$$
Good luck![]()
indeed it went all the way to 10200.
I trade based on technical.
As of now, there is absolutely no signal for me to short.
When there is signal to short, I will target half of my position at reward risk ratio of say 4:1,
and the other half at 6000 or 5000 level.
