I Shorted Bitcoin before the FOMC Meeting🚨

Added: 2026-04-29

[00:00:00]Bitcoin yesterday has been giving us amazing trades. We literally longed Bitcoin from the zone we've been speaking about at 76K. Saw the fake out, saw the hit of the entry zone and then we actually got a move higher. And also just now an hour or maybe two hours ago, I literally shorted Bitcoin because we did actually get the trade we had wanted. We made up we made our plan I guess on the morning and also in the morning and also yesterday where if Bitcoin was to actually see a bounce from 76K I may be interested in actually shorting it if it takes out the high and it also hits the PC an exact entry an exact hit of the top and this is exactly why I actually shorted Bitcoin. As you can clearly tell this is the trade I entered I think two hours ago when I saw the fake out from the top. An easy execution of an easy trade that I've been literally always explaining guys. I made a plan and also explained the idea of how simply it is a strategy that I always look for where bas basically bitcoin just takes out the high builds a volume a volume profile value area and then we drop expand lower we retest the p of that zone and then we get a move lower again me scalp shorting bitcoin does not mean I'm actually bearish on bitcoin quite the opposite structurally on the higher time frame bitcoin is super bullish I mean by super I mean we're above the 97k uh bare trend or the downtrend we also are above the value area high from the previous consolidation. So everything is still fine. Bitcoin hasn't even by the way guys lost the uptrend that was like the little local uptrend that was started from I'd say 70.7K. So that is the secondary un nonimportant or unimportant one which is we haven't yet lost. If anybody has a long, for example, if you longed the fake out from yesterday at 76K or even prior to that, if you have a long from like 74K or 73K, it does not make sense for you to sell Bitcoin or short Bitcoin randomly or sorry, close your longs. You can short Bitcoin if you get a trade. Again, as a day trader, me entering a short is not a good representation of what I think about Bitcoin because obviously Bitcoin is obvious obviously more likely to go higher technically and mathematically like if we even if we drop to 75, drop to 73, drop to 72, mathematically as long as we don't lose this anchored VWOP. Now, that is the main important one, the primary anchored VWOP showing the uptrend that was started literally from the beginning at say from like 65K.

[00:02:19]ever or as long as Bitcoin doesn't lose this area, it's all good. To be honest, I'm going to be still expecting higher on Bitcoin. But the way I do it is that just because to protect my longs from lower and just because obviously nobody knows what Bitcoin will be doing ever, even though it's bullish, I can always tell you guys like Bitcoin can absolutely do the funniest pull the funniest thing that could happen, which is actually us hitting a potential beginning of a parallel channel. So maybe just we we have made actually the high. No idea again. We also got the FOMC today guys meeting in let's say five hours or so. So we got the high being taken out. We built some lows. So what if again the probability is probably 5% 10%. But there's always always the good good open possibility of us dropping to 60. I'm not saying that this is something I'm waiting for. I'm not saying this is something probable.

[00:03:07]I'm just saying this actually something that is possible as long as Bitcoin keeps on dropping. Again, I will be taking profits, moving the stop loss to entry, and hopefully, I guess, like I'm I'm obviously hoping for Bitcoin to move higher. I'll be making more money, looking for more longs, and also holding more longs. If Bitcoin goes above 78K, we can be expecting 80. And if 80 gets hit and we never lose 78K, I'll be waiting for even 90K. So, right now, if I was to speak from a math point of view, from a probability point of view, Bitcoin is more likely to go to 80 and even more likely to go to 90K than we drop. However, as a scalp short, just because it was at a perfect perfect scalpy entry, we can clearly tell that on the 15-minut time frame, I literally got the pinpoint top on Bitcoin. So, it does not make sense for me to be closing the trade. Worst thing is that this is or this ends up being a hedge where I move my stop loss to entry and then I protect my longs and then we see Bitcoin go above 78, we go to 80 and I'm going to be happily uh I guess making money with the longs while I had protected my back with the little scalpy short.

[00:04:08]However, it is currently a scalpy short.

[00:04:10]Last time I entered this Kalpy long, by the way, guys, this was the one I longed at the Sunday 2 days a week ago at 66.8.

[00:04:19]So, you never know. I longed Bitcoin at 66.8 and I end up ended up actually holding the trade for now two weeks and Bitcoin expanded from 66 all the way high to 80K 79K. So, again, we don't know what we don't know. My plan and my goal here isn't to tell you guys whether Bitcoin is up or down. I'm just looking for trades, taking trades, and also mentioning the probabilities whether they have changed or not. So right now, if you have a long from 76K or below, keep it open. But just bear in mind that I also shorted Bitcoin as planned, as perfectly entered, as can clearly tell.

[00:04:51]So right now, the main important level for seeing higher is actually reclaiming 78K. If we don't do so, again, maybe you can prep yourself for a potential drop.

[00:05:00]not the end of the world because we still got a potential long idea. If we drop to 73K, 72Kish, that would be another final attempt at longing Bitcoin. Again, if we lose the long here, we'll then maybe we'll have to change our perspective. But right now, Bitcoin is actually bullish, but I also have a short, but I still got longs and shorts from three, four months ago. So, please don't get confused. This is the name of trading