Good plan, but it requires a counterparty who will happily assume a long BTC position when you are shorting the hell out of futures around 17-19K USD per btc.
Normally, in commodities world, players who are on the other side of speculators are real producers or consumers locking into some price which suits them. Think airlines buying a lot of oil futures at suitable price to know what they will pay for fuel next quarter. Or farmers selling their future crop.
Normally, in commodities world, players who are on the other side of speculators are real producers or consumers locking into some price which suits them. Think airlines buying a lot of oil futures at suitable price to know what they will pay for fuel next quarter. Or farmers selling their future crop.
In BTC world, no such players exist.