BitcoinShort
BTC still in bearish flag
Upon the attempt of breaking out of bearish flag BTC was overpowered with sell side momentum.
With this pattern, the RSI already correcting and the MACD setting up for a sell side crossover there is no shame in being short.
Everyone wants a BTC bull but I say we still will not see one for years to come. This is a time to DCA into many key positions and play it smart.
As always though, without good fundamentals and a solid crowd btc is a risk which is why I will not play the long term game here.
With this pattern, the RSI already correcting and the MACD setting up for a sell side crossover there is no shame in being short.
Everyone wants a BTC bull but I say we still will not see one for years to come. This is a time to DCA into many key positions and play it smart.
As always though, without good fundamentals and a solid crowd btc is a risk which is why I will not play the long term game here.
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