Been watching this formation and I was shorting the market during this long sideways action
, thinking that we always tend to see a pretty good dump of bitcoin
before we see the big pump. This combined with the upcoming Holiday sales, Black Friday and Cyber Monday where there is a good chance that Overstock.com will have record sales in BITCOIN
, we'll see this pump continue with FOMO though the next week.
Closed one short and the other hit the stop-loss, but my long positions were in place before my shorts, so in the last few hours I've recouped my last 2 week's loses while trying to short a Bull
Don't fight the Bull
, you'll lose.