Strong sell 36k. Downtrend continuation Short

Bitcoin / DollarBitfinex

Description

⋅ May 24, 2021 7:46 AM

While everyone is suddenly bullish about a "breakout", longs have increased again, outnumbering shorts 6:1 across all exchanges.

Shorting this area is the unpopular but best strategy as we are in a strong downtrend.

Comments

retchingbig

⋅ May 24, 2021 8:12 AM

It feels bad to see all the bullish sentiment, I hope people at least long with care now...