BTC Long Liquidated at $117,278 — $150K Position Closed
I had a BTC long liquidated — a $150,000 position was closed at $117,278.30.
This loss highlights the danger of high leverage and Bitcoin's volatility; the market moved against my position faster than my risk controls allowed.
I will reduce leverage, enforce tighter stops, and wait for clearer price confirmation before re-entering.
Analysis
Recommendation
Reduce leverage, tighten risk controls, and avoid immediate re-entry. Wait for confirmed support or a clear trend before opening new long positions in BTC.
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.