B.TOP founder sells 100% of BTC holdings near $82,050

  • Jiang Zhuoer sold his entire Bitcoin position and shifted to shorting BTC.
  • Jiang expects BTC to fall toward $70,000-$72,000 before potentially trading at $76,000-$82,000.
  • Jiang identified $83,000-$84,000 as resistance and $82,300 as a stop-loss reference.

Jiang Zhuoer, founder of B.TOP, said he sold his entire Bitcoin position at about $82,050 and shifted to shorting BTC. He cited ETH’s relatively high volatility, weak BTC ETF flows after a first outflow, and Bitcoin’s move toward the upper end of the $81,500 range as reasons for the trade. Jiang said Bitcoin’s latest consolidation lasted about 13 days, too briefly to break the $83,000-$84,000 resistance zone, while a short-term upper wick after BTC moved above $82,000 provided another trading signal. He expects BTC to fall first toward $70,000-$72,000 before potentially trading between $76,000 and $82,000. If Bitcoin reaches $83,000-$84,000, he said $82,300 would be his stop-loss reference.

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