SHORT - BITCOIN - MARKET IS SMILING AT YOU
Updated
Entry: Above 7442
Target: 5434
Stop: 7851
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Technical Analysis:
Fundamental On Chain Analysis:
~Bo
Founder of Megalodon Trading
Target: 5434
Stop: 7851
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Technical Analysis:
- Down trend seems to be on unless price break above $7800 area.
- Megalodon Institutional Investor at 98.79% level with RED sell signal.
- Fibonacci Calculator is at 79.93% level with RED sell signal.
Fundamental On Chain Analysis:
- MVRV 200 day moving average sloping down, signalling bearish market state.
- Network unique wallet addresses are sloping down.
~Bo
Founder of Megalodon Trading
Trade closed manually
Closed shorter term shorts here. 
Telegram Here t.me/bugrasukas
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