candlestickninja

BULLISH BITCOIN SHORT TERM BEARISH LONG TERM/INTM TERM

Long
BITSTAMP:BTCUSD   Bitcoin
BULLISH BITCOIN SHORT TERM BEARISH LONG TERM/INTM TERM

Being that the Fed Announcement today was positive in the sense that they are working towards inflation goals, with a balanced hawkish/dovish vibe, we seem to have net net stayed based out as expected.

I'm bearish bitcoin after another 70-75k rally as i'm confident we still need a deeper sub 50k dip over time so i'm bullish the short term, bearish intermediate to long term.

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