I've been selling rallies.
Bitcoin is looking extremely weak at the moment.
Bitcoin's chart resembles that of the typical market psychology chart.
We are experiencing a dead cat bounce, and I believe smart money is selling rallies.
Personally, I will only enter Bitcoin again once I see a strong reversal taking place. I think Bitcoin will be very choppy going forward and it needs to correct/crash further before it resumes its uptrend.
Trade with caution, everyone. Bitcoin is not the trade to be making right now.
Bitcoin is looking extremely weak at the moment.
Bitcoin's chart resembles that of the typical market psychology chart.
We are experiencing a dead cat bounce, and I believe smart money is selling rallies.
Personally, I will only enter Bitcoin again once I see a strong reversal taking place. I think Bitcoin will be very choppy going forward and it needs to correct/crash further before it resumes its uptrend.
Trade with caution, everyone. Bitcoin is not the trade to be making right now.