Daily Triple Top Back in Play
Ok, so that Bart break to 10.4k threw me off. However, after the steep drop and failed break we went back to where we were beforehand.
Same thing as I said last week, bulls must sustain the bull breaks or it'll get rejected.
For the first time in over a year I've gone short as I feel a drop in order to retest the Weekly low is inevitable.
I've been setting cash aside mostly for buying to accumulate but I'm putting my money where my mouth is.
CME Gap at $7600 you know how that goes.
bitcoinist.com/heres-the-single-factor-that-could-trigger-a-bitcoin-selloff-to-7600/?utm_source=rss&utm_medium=rss&utm_campaign=heres-the-single-factor-that-could-trigger-a-bitcoin-selloff-to-7600
Same thing as I said last week, bulls must sustain the bull breaks or it'll get rejected.
For the first time in over a year I've gone short as I feel a drop in order to retest the Weekly low is inevitable.
I've been setting cash aside mostly for buying to accumulate but I'm putting my money where my mouth is.
CME Gap at $7600 you know how that goes.
bitcoinist.com/heres-the-single-factor-that-could-trigger-a-bitcoin-selloff-to-7600/?utm_source=rss&utm_medium=rss&utm_campaign=heres-the-single-factor-that-could-trigger-a-bitcoin-selloff-to-7600
Note
We could very well see a push back up but it needs to be sustainable. Bull trap maybe?
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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.