f00z

What is happening to $BTC at the moment.

BITFINEX:BTCUSD   Bitcoin
A lot of us were expecting an ascending triangle but in the end we have a bear flag with a dead cat bounce that send us to re-test the lows.

Now there is nothing we can do for sure, I have a short open from 7587 that I will keep an eye on in case I need to add more to it or switch to a long.

So my friends just sit and wait for further developments.



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.