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Losing $23k Live Trading (I BECAME THE EXIT LIQUIDITY)

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Bitcoin things. So, we just entered for a long position on Bitcoin. So, what happened was that price has pretty much came down to some form of institutional demand zone, SW liquidity, all that juicy liquidity and right now we are pumping to the upside. Let me just give you like a more detailed analysis. All right. So, if you look at the higher time frame itself, what we have was that price came down liquidating all the retail traders. So this is where the news was telling that oh Bitcoin is going to go to zero dollars. Bitcoin is a scam. So this is where the news is just trying to induce fear in the market while institutions, the smart money, the hedge funds, they're just quietly accumulating. Okay, so they're accumulating right here, you know, just stacking out their positions and then boom, we got a breakout and then right now prices came down and swept some good old retail trader stop losses again and again, right? A lot of stop orders right here. So I can see lots of lows right here, right? Lots of lows here. Which also means there's a lot of good old juicy available liquidity as juicy as a medium rare stick. Okay. So right now since price has came down. So all that liquidity we got price pushing up creating like a sharp V-shaped reaction just like this. So this automatically becomes our institution demand zone which also means that this is the first time or rather like this is the first time recently that institutions actually start looking for longs right they start you know entering for longs and causing price to to break to the upside. So this also means that right here rise went up pull back to this previous supply that broke structure wanted to continue going downhill but right now I'm betting on the fact that there is insufficient supply because at this price point demand is going to overpower supply since there's a lot of institutional long positions right here and we're going to get like a failed reaction right we're going to see price create like a higher low right here later on price come up there take out this high here creating like a market shift and that caused the entire price of Bitcoin to start going back up to the 111 level and then perhaps it can consolidation, it can trend up. I don't care because this is more of like a short-term trade itself. So in this particular case to make my entry even more precise, you know, sniper like position to trade like a sniper, you have to first act like a sniper. So what I did was that I waited very very patiently, super patiently, right?

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