Xzhi

BTC looks bearish.

Short
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Despite what I believed earlier, the move up was only around 1.4%.

Bitcoin just seems to want to move down. The wick just now was someone taking some longs and exiting at the top, so I don't think that is a bullish sign. Funding shows people seem eager to buy.

Just my current thoughts. To reflect this, I have closed my longs. I'm not really confident with this one.
Comment:
BTC finally having a real move down
Trade closed: target reached:
Boom.

This idea is closed.
Comment:
If anyone is interested, check out my ethereum trade idea. I'll be honest here and let you know that I got cold feet and didn't go in with much money to make a big difference to my account.

Comments

yes ,seems It should down ,because lostting market cap against alt coins.
+1 Reply
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