5000u Challenge Unit 31: Breakeven exit reached, currently 23 wins 3 breakevens 5 stop losses, position 40k
Bitcoin short position hit breakeven and exited. When it broke 73, I was prepared to scale up the position but didn't, and the rebound came quite quickly. Although current international tensions appear bearish on the surface for crypto markets, today saw a large inflow of safe-haven assets into the crypto space, and the results are evident. Bitcoin is currently continuously accumulating positions while Ethereum is also catching up in gains. It's still more stable to go long.
#BTC #ETH