BitcoinShort
BTCUSD 1W Heikin Ashi Doji (Bearish) 9.4k to 8.4k 1-3 weeks
Another quick chart before I get back to work, Explanation is in text on the chart. BTC is moving extremely bullish but it's stupid not to hedge at a significant resistance level.
BTC options (Strike Price $7.5-9k) that expect a pullback to the 7-8k zone within 1-2 weeks have around a 10-20x risk/reward ratio without any fear of being stopped out :shrug:
I expect a hard 20-30% pullback within 1-2 weeks.
Looking at Longs/Shorts historically doesn't look great either
BTC options (Strike Price $7.5-9k) that expect a pullback to the 7-8k zone within 1-2 weeks have around a 10-20x risk/reward ratio without any fear of being stopped out :shrug:
I expect a hard 20-30% pullback within 1-2 weeks.
Looking at Longs/Shorts historically doesn't look great either
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