illuminating_trade

super duper down turn soon

Short
BITSTAMP:BTCUSD   Bitcoin
A lot of investors are getting optimistic view thesedays.

I have to admit that my short position was wrong early this year.

Traders must be very specific and fluctuated.

However, even if the btc went up dramatically the macd and rsi are pointing out that market down turn hasn't over yet.

My previous target was 12000 for btc but I will lower to 3500 from now on.

approximately I expect 1st and 2nd quarter 2024 will be choppy bear market.

We can slowly buy btc later on.
Trade active:
active
Comment:
10,000 or 9,000 is possible to be the bottom also. I may switch to the long when it reaches to 12000~7000 around.
Trade active:
Party to short
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