Im with you, but looks like a perfect Bull Trap! Could blast off from the 8200 area, but holding off to see what happens at the .618 (7200). I know it will come up short or blast through it with a wick. Laddering in this area and only hold BTC/Link..... This chart has been calling Tops/Bottoms/Break-Outs to the "T" (tradingview.com/chart/03XvMOD8/) Thanks for your insight...
Leefamer
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@cryptolightfuture, perhaps this entire break down from the May-Sep triangle was a bear trap...
Just_go_simple
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Do you know that bitcoin goes short also and not always long? You cannot ignore short indices and just looking for long ones !