Garrett Jin: 1,268 BTC Long Returns to Profit
Garrett Jin's 1,268 BTC long recovers from $22M loss to $500K unrealized profit as BTC trades at $76,257 with RSI at 93.68.
SourceAnalysis
Garrett Jin has turned his 1,268 BTC long position, valued near $97M and held for over three months, back into profit. The trade moved from a $22M drawdown to a $500K+ unrealized gain as BTC climbed.
Price action on the 4h chart shows BTC at $76,257.73 inside the Bollinger Bands with the upper band at $76,418.87 acting as immediate resistance. RSI(14) at 93.68 signals overbought conditions while the MACD golden cross at 2,777.68 keeps the broader structure bullish above the EMA50 support at $66,698.82. A measured pullback toward that EMA50 level would relieve momentum pressure before any extension higher.
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