Jason60704294: BTC Short Losses Hit $10.16M

Jason60704294 trimmed his BTC short by realizing $10.158 million in losses, moving the stop-loss to $80500 while the position of 1030.724 BTC opened at $76065.2 now shows an additional $1.806 million float loss; the ETH short of 4756.739 coins entered at $2361.58 carries a $160k unrealized loss.

Three recent trades delivered $3.559 million net profit excluding floats, with the long side alone booking $20 million before the two short attempts cost $1.644 million combined.

Price action on the 4h chart shows BTC at $76806.49 inside the Bollinger band with upper resistance at $78622.42; RSI at 94.05 signals overbought conditions while the MACD golden cross and price above both EMA50 at $67473.22 and EMA200 at $64995.26 keep the structure bullish, suggesting any healthy retracement would likely find support at the 50-EMA before continuation toward the $100K BTC price prediction cited for March.