BTCUSD has seen quite the draw down from it's ATH. The short side also recently reached an ATH, as it's been easy money over and over for an extended period.
I see this as a possible scenario for BTCUSD to catch complacent and comfortable shorters.
Like and Share your thoughts, I'd love to hear and see what you think.
Not financial advice, just a thought.
Note
Retrace from move and profit taking, expecting another leg up soon
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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.