DefineRisk

Place your short orders on BTC

Short
DefineRisk Updated   
BITMEX:XBTUSD.P   Bitcoin
I believe we will get another wick higher (still shy of $6k) in the next couple days, however BTC is clearly running out of steam. A sizable, though reasonable (for crypto) retrace of around 20% can be expected. I will be targeting the lower $4700's before looking for the next move higher.
Trade closed manually:
Wrong...

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