Currently holding a bearish bias for the short term on BTC
Any rally has been sold off in December and I believe we will now see a large move play out this week
I will look to short any upside moves on Monday following the weekly close
The most likely scenario is a run just below Novembers low into $6400 which is a weekly support level
From there we may begin to reverse and trend higher for the rest of 2019 and retrace the selloff that many have been prematurely anticipating
Of course everything can change with one candle but for now this is my plan
*This is for entertainment purposes only*
Any rally has been sold off in December and I believe we will now see a large move play out this week
I will look to short any upside moves on Monday following the weekly close
The most likely scenario is a run just below Novembers low into $6400 which is a weekly support level
From there we may begin to reverse and trend higher for the rest of 2019 and retrace the selloff that many have been prematurely anticipating
Of course everything can change with one candle but for now this is my plan
*This is for entertainment purposes only*
Trade closed: target reached