People are eagerly buying the dips. It would seem that Segwit2x (scheduled Dec 28) has everyone on the hook as everybody wants the free B2X coin which they will get if they hold Bitcoin before Segwit2x is activated. I just closed a short at a small loss as a different scenario unfolds. Is the correction over? It would appear so. Will we see $9k? Not very likely at this point. This is an interesting development. I've opened a small BTC position. I will add more as the reversal confirms and update you guys here. Thanks! :)
Comment:
Watch for price action at 13400. If it breaks out of the supposed bullish channel, open a short position. If it bounces back into the bullish channel, you may open a small buy position.
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