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HorseyTim
Jun 7, 2018 9:41 AM

BTC - Mixed Signals 

Bitcoin / DollarBitfinex

Description

Reasons why bitcoin is bullish :

- Good news on crypto in general. Volume may return and we may see sustained growth

Reasons why bitcoin is bearish :
- Decreased volume with price up. Means there are alot of bagholders just ready to drop.
- Hidden bearish continuation on daily.

The technicals say bearish but I would rather not short. Best to not trade BTC atm.
Comments
jhypark
Thanks for update sir
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