TradingView
poorPeep
May 17, 2018 8:32 PM

Let's get rich by shorting Bitcoin? Long

Bitcoin / DollarBitfinex

Description

If it looks to good to be true, then it probably is. Time to go short was at 10k. Now it's so obvious, that everyone is going to short it and make money,...right?

NO. THERE ARE NO FREE RIDES. Expecting a nice bounce to around 9k to rekt all the shorts, then slowly down.

Comment

WELL DONE, everybody!

Take profits there if you want to be safe. I think there is still a chance for 9k$ though.

Trade closed manually

Take profits, buy back lower at 8000-8200$.
Comments
asbiugy
its likely BTC isn't going to see a bounce here, maybe the next support at 7800 to pull some interest. our trading volume today is alot less than the other days, like a month ago when we're at the 7,000s or something,
poorPeep
@asbiugyybsad, :-)
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