Why I Closed My Futures Position at Bitcoin's New ATH

I just closed the position mentioned there. Here’s my thinking: Bitcoin just hit a new ATH, and honestly, I don’t fully get the reason for it, especially with those Trump’s tariffs in play. Maybe it’s because of the super low exchange reserves. But when I don’t understand what’s going on, I’d rather stay out of the market and just wait.

I’ve got a hold portfolio for Kaspa, a demo scalping portfolio, and my own personal one. For this particular strategy, I think closing the position was the right move. Psychologically, I feel good knowing that, in almost any scenario, I can justify to myself that the price action is working in my favor. So for now, I’m just waiting to see what happens next.

Originally posted in Telegram channel.