Market decides bitcoin is not yet worth $3000.
Very simple, noone seems to want to pay for above 2.9k Bitcoin, 3k keeps getting rejected.
This is a low risk high reward trade, keep stop around ATH if it breaks with volume.
I will be keeping an eye on fundamentals since this can change the whole picture, but I believe we'll see prices of at least $2000 before we can attempt to crush 3k.
This is a low risk high reward trade, keep stop around ATH if it breaks with volume.
I will be keeping an eye on fundamentals since this can change the whole picture, but I believe we'll see prices of at least $2000 before we can attempt to crush 3k.
Trade active
Note
Taking some profit here, expecting a bounce. But I'll keep at least 50% of my short, expecting at least $2300 to hit in the coming days.
Trade closed manually
Happy profit bears ;) !
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.
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.