ChrisCryptoBear

BTC Futures Gap - Short opportunity

Short
ChrisCryptoBear Updated   
CME:BTC1!   Bitcoin CME Futures
Short position open and set to close at $5070
Comment:
How nice would it be to short from 5700? I say that because I doubt we're going to get too much above that. The 6000 support-turned-resistance level probably won't get breached until a LOT close to the Halving, if not after. Let's see how 2019 goes. The whole world wants Bitcoin, we could have a strong demand for it's limited supply sooner than we think, leading to mass adoption. Just a little while longer while this technology matures as real-world applications.
Trade closed: target reached:
Closed the trade at 5070 :)
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.