BTC - Short @ $53k break down scenario

No need to trade much recently with swing successes so formulating a 30 day plan to keep thigs interesting while we wait for the close of the calendar year. Short play if BTC is rejected at around $53k - 20%+ drop to support within expected market structure makes R2R interesting, especially on ALTS.

Scenario Opportunity:
Many retail folk were late to the sell off earlier in the year but overjoyed that they got out around the $40k to $50k mark, expecting $20k and would only buy back in if $50k broken and held.
- Thus above $50k is where I feel the liquidity is for the market to sell into.
- Besides a few leading ALTs, market looks a little weak.

Plan for this scenario:
- Sold all BTC at last week's $49k touch
- At the break up I will look at placing trailing stops on portfolio spot ALTs (usual set: Atom, SOL, Luna, Zil, etc)
- Lightly leveraged shorts on BTC if BTC breaks down. Profit Target $42k with a stop above $53k dependent on entry. Expected around 10th September.
- Will consider ALT shorts after BTC tries to rally and fails at retest.

Best, Hard Forky