$13,900 NEXT FOR BITCOIN? (bearish div, shorting $13,900)

282
-Yurlo

No, this is not financial advice.

The buy pressure has been VERY strong, however i'm seeing a bearish divergence so I'm going to short the next impulse up. ($13,900 if we wick to that price level)

In bull markets the price can remain irrational longer than rational but the daily oscillator (momentum signal) tells me a correction is over due.

Updates this week, enjoy your week.

Remember to stick to your trading plan, market psychology is a very real thing and we're currently at 75% greed level in terms of market sentiment.

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.