BTC Trader: 16 Straight Short Losses Total $5.25M

BTC whale endured a 16th consecutive short loss after a single bullish candle triggered stop-out on the 20x leveraged $38.07M position, exiting with a $288K hit after 60 hours and pushing monthly drawdown past $5.25M since flipping bearish on August 19.

Price action at $79766.99 sits inside the Bollinger Bands with upper resistance at $80273.43 while the 50-EMA at $75773.6 and 200-EMA at $68957.42 anchor the bullish structure; RSI at 63.25 remains neutral and MACD shows a death cross at 829.89, suggesting a healthy retracement toward the 50-EMA support before any continuation that sharpens near-term BTC price prediction models for institutional desks tracking crypto market crash scenarios.