CHIEF_MACRO

Bitcoin Perspective - Short

Short
BITSTAMP:BTCUSD   Bitcoin
My bias for crypto remains to the short side.

Normally I don't look at charts with such a dramatic orientation; however, if there is a chance at all that this orientation is later validated as THE top, that would be enough for me to remain short.

Right now, bitcoin is barely hanging on in what is a fairly textbook bear-flag.

Be well!

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.