Chloster

Bitcoin taking the elevator or stairs down?

Short
Chloster Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Which method Bitcoin decides to take it is pretty clear that price is heading down to at least the $7700 region.
Hedging your core BTC position here is a bit dicey since catching a bottom would be tough but here's the trade.

Entry - $8860
Stop - $9345
TP - $7700


Please Comment, Like, & Follow!

This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Please follow a proper risk management program when trading.
Trade closed: stop reached

Disclaimer

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.