Smart Money: Shorts MU INTC BTC for $34.9M

Smart money that booked $4.15 million from prior longs in $SKHX, $MU and $INTC has now opened a $34.9 million short basket across MU, SKHX, SNDK, INTC and BTC, already showing $1.742 million in unrealized gains after the equity open. BTC price prediction models must now factor this aggressive institutional short flow into the crypto market crash scenario unfolding on the 4h chart where price sits at $58976.03 inside the Bollinger bands, EMA50 at $60397.59 acting as resistance and EMA200 at $65339.86 capping any recovery while MACD death cross at -484.54 confirms bearish momentum and RSI at 43.25 leaves room for further downside toward the lower band at $58196.87.