D7R

Bitcoin (BTC) • Time to short 40k?

Long
COINBASE:BTCUSD   Bitcoin
There is strong going demand. Intraday Volumes at lows are looking great and the Daily seems to picking up a nice steady grind.

37k is a nice bidding area in case of retest of lows to create a bear trap. Remember that this is also a probability.

Futures also showing some ongoing strength and Swaps trading bellow spot which implies strong demand coming from spot (or degens shorting and getting rekt in the process).

Check the video for more details.

I'm trying to get these videos max around 7m. I failed again. 🕯



D7R
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.