Garrett Jin: Bitcoin Long Position Loses $11.5M
Garrett Jin’s 1,268 BTC long shows $11.5M floating loss as BTC trades at $67,000 with bearish EMA structure and oversold RSI.
SourceAnalysis
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.
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