Bitcoin / TetherUS
Long

DEALERBTC $BTC #BITCOIN My Thoughts: Wait To Long The Dip

In my opinion, if a dip were to take place, the $62,000 would provide support. I believe this would offer a great discount on some altcoins. I believe chance of a reversal to the upside would be likely in the second week of June. As I've already discussed in my BTC Consolidation trade idea, I believe the market is undergoing a period of consolidation. Thos with patience will prevail.

For the record, I am currently in a short, but will evaluate my risk as the trade goes on. If the price does in fact dip, I believe it would be a fruitful opportunity for bulls.

This trade idea is not financial advice. I am not a financial advisor of any kind.

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