BitcoinShort
End of the momentum for BTCUSD - IT'S CORRECTION TIME!
Updated
Expecting the end of this upward move. I have a 5% margin of safety under the last ATH, as I believe this to be the point that will trigger fund managers to wait for a correction.
Correction expected to be 25-40%, with a higher chance of it being 30% based on previous bull cycle.
I would not short bitcoin, ever, so this will solely be a waiting game - in the meantime revel in ETH's move upward or take a break from this intense month!
Good luck!
Correction expected to be 25-40%, with a higher chance of it being 30% based on previous bull cycle.
I would not short bitcoin, ever, so this will solely be a waiting game - in the meantime revel in ETH's move upward or take a break from this intense month!
Good luck!
Trade active
21 EMA likely to be a target as it hasn't visited since September, and 21 EMA was a great support in the last bull market.
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