Bitcoin
Short

I'd short bitcoin...

Everyone keeps talking about Bitcoin breaking out. My system shows it's been channeling, and until a weekly candle closes ABOVE the red box, we do have have a confirmation of an uptrend. Just sayin! lol Yes, you can look on a shorter time frame chart, but I find it has a lot of noise, best trend prediction appears to me to be on the weekly. Right now Bitcoin is at the top of the channel, so the system would tell you to short it.
Trend Analysis

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