BitcoinWarrior

News and Education

‘We’ll See If I Get Rekt:’ Viral ‘Master Trader’ Doubles Down On Bitcoin Short

Gareth Soloway, a self-described “Master Trader” with a 140,000-strong YouTube following, doubled down on his previous short position on Bitcoin (CRYPTO: BTC), much to the amusement of Bitcoin fans on social media. What Happened: Wondering if he will “get rekt,” to invoke a popular crypto slang term for losing your trading bank, Soloway announced he is now into his short with a full position: With his average entry around $56,000, Soloway is already significantly underwater, considering Bitcoin has blasted past the $60,000 mark off the back of record ETF inflows. Bitcoin proponents alternated …