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SHORT CORN FOR FREE MONEY

u/regardus_maximus · Reddit — r/wallstreetbets · May 21, 2026 at 20:26 · ⬆ 15 pts · 💬 23 comments  | View on Reddit ↗
AI Summary

Summary

  • Author argues Bitcoin (~$77.7K) will drop to $60K–$48K based on rejection at the 200-day SMA and historical midterm-year patterns (2018, 2022).
  • He is fully short via BITI and SBIT, admits limited capital ($20K) and a small loss, but expresses high conviction in a "schizophrenic drop."
  • The analysis is speculative, lacks fundamental data, and relies on chart pattern fitting and a vague “4-year cycle” reference; quality is noise/emotional venting rather than rigorous DD.
Score 15
Comments 23
Upvote % 69%
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Ideas
u/regardus_maximus Reddit r/wallstreetbets
Bitcoin has been rejected three times at the 200-day SMA and is currently near $77.7K; in prior midterm election years (2018, 2022) similar rejections led to severe drops. A break below $77K could trigger stop-losses and momentum selling, targeting the next support at $60K and possibly $48K. Short Bitcoin directly or via inverse ETFs (BITI/SBIT) to capitalize on a technical breakdown. If Bitcoin reclaims the 200-day SMA (~$78K+), the short thesis invalidates; also, macro news could spark a rally.
More from Reddit — r/wallstreetbets

This Reddit post, published May 21, 2026, features u/regardus_maximus discussing BTC. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/regardus_maximus  · Tickers: BTC