My stance on Bitcoin is still bearish and i do not think the bottom is in.. just comparing here when price was previously being walked down with the 3 wicks upwards.
If you are a bear 3930 looks like a prime short.
- short 3930
- stop 4010
- target 3250
Nothing has changed from my previous idea I published on 12/24/2018 (Link below) except that everyone and their mother wants to short this thing. I do not like trading with the herd but im still sticking to the trade. Good Luck...
My original idea I published on Christmas day seems to be playing out almost perfectly...
but the amount of short interest i'm seeing has me concerned about a short squeeze
I will be sticking to my original idea with a slight stop loss adjustment