Naive Trading Strategy for COINBASE:BTCUSD by gkim93

I am definitely bullish on BTC. However, I think the recent price action was too fast for the market to handle. Based on the Fibonacci level I believe BTC will pull back to around 7K before it makes the rally to 8K in month of August.

My Trades:
1) Short BTC until 7K
2) Long BTC starting 7K
3) Close all position ~8.4K

Happy trading!

YC_CAPN

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