thejdela

Bitcoin Next Play: Short to 7700

Short
BITSTAMP:BTCUSD   Bitcoin
Keeping it simple. Unconfirmed bearish divergence on the weekly, but with no higher high - it's a common sense trade to short at what seems like a long-shot position for BTC to surpass 10K in the coming weeks. Zoom out. It's nearing the top of the major trading range - why long here? Wait for pullback to heart line and then long again. Also, 61.8 was hit, why continue holding this? Good luck everyone. DISCLAIMER: I DO NOT OWN ANY BITCOIN

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