Despite what I believed earlier, the move up was only around 1.4%.
Bitcoin just seems to want to move down. The wick just now was someone taking some longs and exiting at the top, so I don't think that is a bullish sign. Funding shows people seem eager to buy.
Just my current thoughts. To reflect this, I have closed my longs. I'm not really confident with this one.
Bitcoin just seems to want to move down. The wick just now was someone taking some longs and exiting at the top, so I don't think that is a bullish sign. Funding shows people seem eager to buy.
Just my current thoughts. To reflect this, I have closed my longs. I'm not really confident with this one.
Note
BTC finally having a real move down
Trade closed: target reached
Boom.
This idea is closed.
Note
If anyone is interested, check out my ethereum trade idea. I'll be honest here and let you know that I got cold feet and didn't go in with much money to make a big difference to my account.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.