BTC is a beast, but I stay cautious...
Updated
Fake tether inflation, new money, non-stop short liquidation party, maybe all 3 and more? Call it what you want but these aggressive dip buyers make BTC appear unstoppable.
The current daily hanging-man-like candle was a great ~$300 move for me but has me all cash and cautious at these levels. I am not comfortable holding BTC for more than hours or days unless we're on a very deep dip. I've been trading short term bounces as the 15 minute RSI drops near 30 as that strategy has been consistently winning for weeks.
The current daily hanging-man-like candle was a great ~$300 move for me but has me all cash and cautious at these levels. I am not comfortable holding BTC for more than hours or days unless we're on a very deep dip. I've been trading short term bounces as the 15 minute RSI drops near 30 as that strategy has been consistently winning for weeks.
Trade active
small position taken at 8066. will buy more on further downside.Trade closed manually
Dont really like the action here. I like ETH better. Closed small long for ~100 move.
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