Bitcoin
Short

Bears are stronger than you think. And this is overbought.

Updated
The dark side is still strong in this one.
Lower lows do not show exhaustion.
The upside is overbought.
This price ($40000) could be a good place to open your shorts.
We already short.
Note
We think this idea is still valid.
Note
We expect the price to go lower than this ($38000).
So, we hold our positions.
FYI, you can move your Stop Loss to entry for a safe ride.
We moved it a bit higher than that because we feel very Bearish.
Note
For continuation, see "RELATED IDEAS": "Bulls are boring. Bears run the show."
Trade closed: target reached
Congratulations on the 🌟 125% profit (x10)!

If you liked this idea, check our educational video:
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