There are a lot of confluence factors to short Bitcoin at this level, I don't know what you guy are doing but I know that algo's are selling for sure around this level. Btc shorts is super high at this level, it seems that a lot of people are seeing the same thing, bitcoin is rising but doesn't have fuel to go more up, it needs a healthy correction before any other rally.
BTC shorts high
I'm taking a chance to short Bitcoin at this level, I just hope whales will not take our SL so they can short from higher price. Good luck!
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.