@binarybounty
Let’s talk about my short-term view on #BTC.
In yesterday’s video, I basically called out that it was time to start opening shorts again right at the top. I started shorting from 124 yesterday, adding to my position on every 5-min bounce. Today, I took some profit at the lows to raise my average entry price.
Overall, it looks like this bounce is pretty much done, and we could see further downside. BTC broke the logarithmic trendline for the second time—if bulls were gonna send it, they should’ve held the line yesterday. Instead, we saw a clean breakdown, so the odds of new highs in the near term are pretty low.
0 reply
0 recast
0 reaction