Sorry it has been over a week since I have done a Bitcoin update. I have been very busy and I was still in my short I was talking about entering in my last blog. I entered at 10.7k, we did go up as high as 10.9k, and then finally falling yesterday. I am seeing all kinds of bullish divergences and so now I am thinking long.
https://www.tradingview.com/x/uHvdG4IU/
Here is my case for a long.
Let's look at the 4 hour chart....
We might see one more dip(I will just add to my position), but I just see a short term reversal 10.5/10.6k range. I think I am still a little bearish long term, however I am starting to lean "neutral" and waiting for things to break either way.
In other news I have hit 3 in a row and now have "house money" to play with!!! This is not financial advice! This is more of my trading journal than anything! Good luck and Good day!