BTC has remained in a downtrend since I first published the short ideal on Dec 6. I am still short BTC waiting on it to retrace into the green box area and test its upward sloping support on the long term.
Because of this I'm cautious entering any long positions as BTC will drag the market down. I'll be doing further shorts on alt's after BTC does a few more bull traps.
I have been short since $52k
Because of this I'm cautious entering any long positions as BTC will drag the market down. I'll be doing further shorts on alt's after BTC does a few more bull traps.
I have been short since $52k
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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.