tired_man_willis

Be Wary of the Green Candles (Bear Flag Weekly)

Short
BITFINEX:BTCUSD   Bitcoin
As much as I love it when BTC moves up, it can be easy to FOMO in after a few days of green.
I'm still going short on BTC and adding to my position.

Bull Scenario
- Bulls push to $6.8k and if they clear that then $7k.
- The catalyst for Bitcoin to truly reverse the trend will be the ETF

Bear Scenario
- Patience wins out every time as we can see a bear flag forming on the weekly. '
- This'll take a week or so to play out so set your orders kick back and relax.
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