syphrpunk

Bitcoin Week of 6-14-2020 : Short Bias

Short
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Let me preface this with since correlation to traditional markets is very strong again, if my bias plays out, the s&p moves negative this week, we move down to the ~9100 volume node, get a little bull trap up to 9600-9800 node, then utter destruction. If the s&p totally falls apart, then we may scrap the 96-98 node entirely. Waiting till futures markets open before taking any heavy positions, however right now i am short as the plan plays out.
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