Target 1 reached.
$35k seems to be of significance, price could see a rally off here but nothing too dramatic. I haven’t seen any signs of a reversal yet.
I’m macro bullish but that doesn’t mean I can’t short the correction and buy back at a lower price.
Looking at the charts, next week could get very interesting, one more sharp decline in price could put a lot of fear into the market.
Price has been moving sideways for the better part of this month, that increases the possibility of price movements in a specific direction next month.
Which direction might that be?
As I’ve been stating for quite a while now, I’m on the short side on an intraday basis.
I’ll try and give a higher timeframe breakdown, this should give more details on how I formulated my idea.
I am Golb.
$35k seems to be of significance, price could see a rally off here but nothing too dramatic. I haven’t seen any signs of a reversal yet.
I’m macro bullish but that doesn’t mean I can’t short the correction and buy back at a lower price.
Looking at the charts, next week could get very interesting, one more sharp decline in price could put a lot of fear into the market.
Price has been moving sideways for the better part of this month, that increases the possibility of price movements in a specific direction next month.
Which direction might that be?
As I’ve been stating for quite a while now, I’m on the short side on an intraday basis.
I’ll try and give a higher timeframe breakdown, this should give more details on how I formulated my idea.
I am Golb.
