Prediction evidence

Quoting · 30 May 2026, 14:35 UTC · context given to the AI

$BTC Nothing much to update regarding the swing short position. I'm still holding 50% of the original size, as mentioned previously. I closed 50% at 80K to reduce risk in case my thesis was wrong. Given the current retrace back into the range, I think there's a good chance we test 70K next month. If price continues to hold below 79K, this is increasingly looking like a failed breakout that has retraced back into the range after deviating above the previous highs. We can test LTF S/R levels like 75-76K but ideally bulls need to flip the 79K level to be "bullish" again. Additionally, I expect SP500 to experience a pullback at some point this year, which could add further weakness to BTC. That's another factor I'm monitoring closely. At 70.8K, I plan to close another 25% of the short position and leave the remaining 25% open until the final take profit target is reached.