Bitcoin Short to Test Monthly 50 Moving Average

- For educational purposes only -

The latest move imo was to clear the shorts that 'had it right' expecting a move to the Weekly 200 Moving Average, we just missed that.

I believe we are going to do a headfake 'breakout' to trap retail longs and reject off of the 250 Band (Daily).

Short -- 3734 - 3841
Take Profit -- 3101
Stop Loss -- 3955

Trade closed: stop reached