Until June 10 2019 bitcoin will still be sideway at 7,500 - 7,800 and for me, for the long term, bitcoin looks like there are two bottom support at 7,000 and 5,700.
If you want to buy you can wait at 7,000, if the price drops more than 6,800 then you can be sure the bitcoin will hit a price of 5,700. After you get the price between 5,700 - 7,000 you can hold it until June 2021, believe bitcoin June 2021 will be priced at 26,500 - 30,000.
Great Setup, I have a short position running on BTCUSD right now what do you think?
Afief_RQ
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@DACapitalTrading, In my opinion, the sell position is the best for this week, because next week the price will still go down, possibly going up again in the 3rd week of this month.