If a sell off happens, watch for this
The bitcoin game is pretty solid right now and of course every time there's a correction the bears really come out. Just to be clear I'm not a bitcoin bear, it's unlikely I will short it if there's a move down however these are areas I will be watching to buy if there is a dip.
The last post talked about $10,500 area, that worked out like a champ.
Now I'm watching for the $8300-$9,000 zone to start buying again. Like I said, there will have to be some pretty convincing reasons for me to short it, otherwise I'll let the wild sell offs happen and pick up more bitcoinage down at those levels.
Happy crypto'ing!
The last post talked about $10,500 area, that worked out like a champ.
Now I'm watching for the $8300-$9,000 zone to start buying again. Like I said, there will have to be some pretty convincing reasons for me to short it, otherwise I'll let the wild sell offs happen and pick up more bitcoinage down at those levels.
Happy crypto'ing!
Jared Johnson
Union Hedge Funds
Union Hedge Funds
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