tmsarn

BTC: SHORT POSITION- TRADE IDEA-

Short
BITSTAMP:BTCUSD   Bitcoin
Analysis: BTC current move looks pretty cool and pretty speculative. As I mentioned earlier I think this is just exit liquidity from dump money to smart money. They provide enough bullish pressure (hope about 100k top) on the market for large speculators to exit the market. The market sentiment is really divided, so you need to think about it about what are represent on the market. If you are a trader probably you don't care about long term movements, if you are a long term investor, you need to think about differently. Buying BTC from 3k last year was a brutal opportunity for long term investors, and selling above 10k is still profitable for them, if they find enough buyers on the market. My long term ultimate buy zone is between 9k and 13k for sure. For more info, PM since I was banned a month by sharing our community site. Have a nice day!
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.