Bitcoin

Bitcoin

71
1.15.23 Bitcoin had a fairly dramatic move higher the end of the week. It closed the gap, and this could mean that the market could move lower however for the price action Is so bullish it's hard to make trading decision to short the market unless it sets up for an opening price trade to go lower and you would use a small stop. As it stands, I would think this is a short squeeze, but it is too difficult to decide that this is A significant reversal higher at this point even though the market Had a nice move higher with bullish price action. There was some evidence that this Market was going to move higher before did that dramatic breakout higher, but I would have had a hard time taking that market higher, personally. I would like to thank that I would not have shorted the market at the support/resistance line and that is important because I would have avoided a bad short trade.

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