Bitcoin / TetherUSUpdated Bearish divergences
There are bearish divergences all over the place, plus the funding rate favors the bears, I would be extremely carefull placing a long at this price level, I would love a pullback from here and fill some gaps in the cme and flush out some bulls, but I would not short this you never know bitcoin might suprise you.
Note
If you were to short I would set stop loss tightly.
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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.