My thoughts about bitcoin

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My thoughts about bitcoin

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  1. As long as 6200-6400$ holds on a closing basis, 8000$ area strong resistance.

  2. If we lose blue support, 4300-4700$ is monthly support: bulls must hold.

  3. Orders set, planning to short $BTC at 7922$. Tiny size since it's counter-trend, consider this a hedge.

  4. Filled on my first $BTC short, have a 2nd ask above 8000$ in case we get another spike. COULD BE WRONG, 2nd chart is zoomed out plan. I think we retrace into 6400-6800$, where I would cover shorts and look to BTFD.

Good luck

My thoughts about bitcoin | Ecency