Public trading strategy
Crypto crumbles as war fears kill risk appetite — short Bitcoin on the breakout
Thesis
Bitcoin is often treated like a high-risk tech stock, and it's acting like one right now. The collapse of the Iran ceasefire has oil surging, which is reigniting inflation fears and pushing bond yields up. When yields rise and inflation scares hit the stock market, investors liquidate risky assets like Bitcoin to raise cash. With BTC testing the critical $61,000 level, this macro pressure makes a breakdown likely.
Strategy approach
Build a trend-following short strategy for BTC-USD on the D1 timeframe. Enter short when BTC breaks below the $61,000 support level while the US 10-year Treasury yield is rising on the same day. Exit the trade if BTC closes back above $65,000. Use a 6% stop loss based on the entry price.