BTC Adding further to short position.
I am still holding BTC short from 52k. I've taken profits at the lows and have now added short again at $48800.
BTC has rejected from the
49K area and has low volume supporting these moves. I expect this to be a bull trap. Previous resistances are being respected. Until BTC trends sideways and breaks its downtrending resistance then BTC remains bearish. This is a good time to take some profits
BTC has rejected from the
49K area and has low volume supporting these moves. I expect this to be a bull trap. Previous resistances are being respected. Until BTC trends sideways and breaks its downtrending resistance then BTC remains bearish. This is a good time to take some profits
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