Short term sell signal in BTC

Dec 8, 2020

I don't short BTC but just an observation that the path of least resistance in the short term is likely down to about 17.5k, which could be a good buy level.

For the record, I think a break above 20k will happen in Q1 2021, maybe late December.

My last analysis on BTC:

Dec 16, 2020

Note

Looking good for upside..

Dec 17, 2020

Note

Always fun when it's a 1hr chart that gives a proper long signal. That's how you could substantially size up positions: