$BTC bearing down

Based on Bitcoin being overbought, bearish divergence, re-testing resistance, shorts stacking up right now Im good to take a shot at shorting this. Looking for a bounce back off lower fibs or even a dump, who knows. For all I know, smart money might just be wicking down to liquidate before a rally up.. I'll ride this one out and see what happens. Not financial advice.

Comment:

I love it when a plan comes together .618 could be a sweet spot to exit this short with a long.