2024/03/05 EST - Two Day Trades PHUN & RIOT

Trade Recap for March 5th, 2024 (EST):

$Phunware (PHUN.US): Recognized overextension, executed a swift trade, albeit exiting slightly late during an opening spike.

$Riot Platforms (RIOT.US): Displeased with entry due to emotional decision-making. Shorted at shorter timeframe support, regretted not waiting for lower TP, which was eventually hit, potentially doubling the gain.

Bitcoin: Avoided a significant trap by cancelling a long order on $iShares Bitcoin Trust (IBIT.US).

Two weeks ago I posted and reiterated yesterday the inevitable correction in Bitcoin will be by design.

Bitcoin hitting the psychological level of $69,000 precisely within the first hour after the stock market opened. However, within 2 min it plummeted to $67,171 and then dipped even lower to $59,000 by 3pm EST. This is obvious manipulation to the core which i know will come. Will my prediction months ago that Bitcoin will reach $32,000 come true? Probably, if US get into prolonged recession.

#precisiontrading

#markettiming