don't buy

Bitcoin Long Liquidated — Avoid New Longs Until Support Holds

I had a Bitcoin long liquidated at an average price of 121,336.60 on a $271,551 notional — the forced exit highlights high leverage and short-term downside pressure.

I was trading via automated bots (@bpay_group), and the liquidation shows stop levels were breached; I’ll reassess leverage, stop placement, and bot settings.

For now I’m avoiding new long entries and will wait for confirmed support and reduced volatility before increasing exposure.

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Analysis

Liquidation of a sizable long usually reflects elevated leverage and forced selling that can amplify downside; expect continued volatility and possible short-term lower prices until buyers re-establis...

Recommendation

I recommend not buying now: reduce exposure, lower leverage, tighten stops, and wait for a confirmed recovery or clear support before re-entering.

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.

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