CLARITY ACT passing chances looking weaker. Looking on this SHORT trade on $BTC Now waiting for my entry. Putting SL $78400 What do you guys say?

This is a good example of why having a defined stop matters. If the short thesis is wrong, the $78.4K invalidation level limits the downside.

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I think setting stop-loss orders amidst news like this is a bad idea! Either don't enter the trade at all, or enter with a smaller position size but without stops, since the price could swing wildly in both directions.

What if we will see a wick

Watching the entry closely. Let’s see how price reacts first.

78k invalidation seems tight for a clarity act play tbh

Tp1 -72-71k Bounce 74k Tp2 66k or marcet blood 55k 👍🏻

The bearish case is there, but the CLARITY vote can cause a sharp reversal either way.

Chart doesn’t determine

The slower start led to a much more satisfying finish. I'm quietly delighted by the difference.

Bro that stop is gonna get wicked out so fast

The short setup makes sense if CLARITY Act odds keep fading I’d definitely wait for confirmation rather than force the entry. $78.4K is a clean invalidation level, so this could get interesting if BTC starts rejecting below it. Might be a good one to watch with LEPAJEE on Roobet

The set-up makes sense

Good luck..

tbh it looks tight just wait for clear confirmation

Sl will trigger

Tight SL, but if that vote flops it could get ugly quick.

risky stop loss on that short level

That SL is pretty tight for the current volatility. One wick and you're out before the move even happens.

Solid setup, watching that level.

sounds risky but good luck if you go through

Let the setup confirm it