BitcoinShort
Short back into range, then who knows
Updated
Big breakout by BTC last couple of days, lost steam yesterday after testing the 1.272 extension a few times on 4h.
Expecting a pullback to range. Volume is also lighter than it has been and conditions arent reaching as oversold as in previous bluesky events which is also leading me to think the market needs to grow before we have a real push to 6,7,8,9,10k. Maybe China being regulated and coming back in will give liquidity which is what the market needs to keep making all time highs.
Expecting a pullback to range. Volume is also lighter than it has been and conditions arent reaching as oversold as in previous bluesky events which is also leading me to think the market needs to grow before we have a real push to 6,7,8,9,10k. Maybe China being regulated and coming back in will give liquidity which is what the market needs to keep making all time highs.
Note
i would move stops to even due to increased volatility.Trade closed: stop reached
breakeven might look for entires this week
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