wait

Bitcoin Long Liquidated: $119K Closed at $120,301

I took a Bitcoin long that was liquidated — a $119K position closed at $120,301.43.

This loss highlights the dangers of high leverage and tight stops; I need to reassess position sizing and risk management before re-entering.

Source available for registered users Sign Up Free

Analysis

The liquidation indicates excessive leverage relative to recent volatility and likely insufficient stop placement. This is a trade-specific failure rather than a definitive market top, but it raises c...

Recommendation

I will pause new long entries and reduce leverage, review stop strategy and position sizing, and wait for a clearer setup or lower-risk entry before adding exposure.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: