myceliium

BTC: Correction - Test of July bottom possible

Short
BITSTAMP:BTCUSD   Bitcoin
It's very possible that Bitcoin is about to have a major correction - Play on the current selloff is pretty intense it wouldn't be surprising to see bitcoin retest the previous lows from July 2021 (~30,000) in early January 2022. It's been a while since I've made some public analysis of any financial asset so feel free to take my thoughts with a grain of salt. I generally skew bearish and I am still anticipating a market wide shift to the downside. No current position at the moment, just sitting back and watching this one.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.