You want to short here. At least put a stop loss.

Updated

Technicals say to short with a tight stop somewhere around here. It's ok for a short term trade.

But, this bear trap will be remembered by generations. I expect a V-shape recovery. My opinion.
Reason: the speed of how fiat currencies are getting devaluated by insane printer.

6 trillion of unlimited cash and they aren't going to stop. Buy a deflationary currency of the future of internet. If it drops, buy more. USD is officially worth zero.

Note

Halving in 2 months

Note

Still ranging in lower range bound. Bears keep telling you this is a bear retest.

Note

Still range low. 9200 is the first real resistance.
Stop listening to lonely BTC bears. Crypto market has bottomed out.

Note

Almost there

Trade closed: target reached

9200 trade closed. No trade zone until 9500 is broken. Long again if broken.

Trade active

9500 holds and that means BTC can go much higher, way way much higher. Or will fall into longer reaccumulation with this falling broadening wedge working as support now. Anyway, breaking falling broadening wegde is a historical moment in BTC price action. DO NOT SHORT BTC EVER FROM NOW UNTIL UP TO 3 YEARS AHEAD. It's a confirmed bull market.

Trade closed: target reached

Told you

panconpalta

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