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ovac4u
Aug 5, 2019 10:33 AM

This is the billion dollar short :D Short

Bitcoin / U.S. dollarBitstamp

Description

It's time to Short Bitcoin and Long the Bank.
Disclaimer - This is not a financial advice.

Comment

ok - click play

Comment

Still playing out as expected.
Comments
Akshansh
Shorting now is a better risk to reward.
ovac4u
Still playing out as expected.
ovac4u
ok - This is 5 days later - click play
ovac4u
Now this is in play.
famuz
of course there is more than just the H4 RSI, but at 11.95k is a very strong chance for a pull back.
Umarzia
And get rekt lol
CzarnyM
@Umarzia, so who got rekt?
Umarzia
@CzarnyM, Aug 5
It's time to Short Bitcoin and Long the Bank. My comment was to this quote for long term not short term.
ovac4u
@Umarzia, I fail to understand your point - aren't we are in a long term down-trend?
Umarzia
@ovac4u, if you're thinking from last ATH 19k till now then yeah we are in downtrend but if you look at the chart from 2009-10 till now then we are in major uptrend either if price goes down to 4k we are still in uptrend. Set the TF in weekly and zoom in small and draw logical curve you'll see it.
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