BTC and other cryptos are a long market.
Yes- lots of downside action but only in context to the massive bull runs previously experienced.
Unless BTC breaks the lower support line and fails to break back out of the range..the market is still long!
Yes..there are thousand opportunities to trade short, scalp and arb...but in a position trading sense, we are still long...so hodl...dont panic...
Yes- lots of downside action but only in context to the massive bull runs previously experienced.
Unless BTC breaks the lower support line and fails to break back out of the range..the market is still long!
Yes..there are thousand opportunities to trade short, scalp and arb...but in a position trading sense, we are still long...so hodl...dont panic...
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Related publications
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.