Twitter phenomenon and cryptocurrency analyst “il Capo Of Crypto” stated that he closed some of his short position in BNB (BNB) and announced his next price prediction.
The phenomenon known as il Capo Of Crypto was published on social media on December 13. in your post, from $301 opened BNB short of your position 25% part It closed around $250 announced. Trader from this position 60% profit got it.
Emphasizing that he still maintains his bearish expectations for BNB, the trader said that the price will rise from here. In the range of 300-330 thousand dollars that there is a possibility of rising and its position That’s why you closed it told. However, the main idea has not changed yet and future downward movement defended.
If the price reaches the 300-330 band, a possible “weaknessWhile stating that he will be on the alert for will wait for a new short position stated:
The main idea is still the same. This is an important range that will be broken one way or another. But short-term indicators still give bullish signals, so I chose to take profit. I will wait for the next bearish confirmation. It will probably want to go between 300-330 dollars from here and get the liquidity of the short positions opened in that region. If I see the price weakening in those areas, I will open a short again.