Garrett Jin: Bitcoin Long Position Loses $11.5M

Garrett Jin, the Bitcoin OG, now holds a 1,268 BTC (5x) long with floating losses exceeding $11.5M as the market drops.

Price sits at $67000.01 beneath both the EMA50 at $72803.11 and EMA200 at $75865.93, confirming resistance overhead while MACD at -1796.98 prints a death cross. RSI at 15.82 signals oversold conditions inside the Bollinger band whose lower support rests at $66202.92, setting up potential short-term relief before any sustained move lower.