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TalkingCents
May 22, 2021 4:36 AM

Bitcoin Short

Bitcoin / U.S. dollarBitstamp

Description

I've been selling rallies.
Bitcoin is looking extremely weak at the moment.

Bitcoin's chart resembles that of the typical market psychology chart.
We are experiencing a dead cat bounce, and I believe smart money is selling rallies.

Personally, I will only enter Bitcoin again once I see a strong reversal taking place. I think Bitcoin will be very choppy going forward and it needs to correct/crash further before it resumes its uptrend.

Trade with caution, everyone. Bitcoin is not the trade to be making right now.
Comments
MeracYusifov
l like your chart
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