Looking to short if this rally turns out to be a bull trap, if it starts breaking out to new highs, short will be closed. However, this is what I think is happening on BTC: (image linked below). I still think 4500-5k is in play
blogs-images.forbes....02/stages_bubble.png
blogs-images.forbes....02/stages_bubble.png
Trade active
Trade closed: stop reached:
Stop triggered. Looks like we might be on the way to new highs
www.investopedia.com...y/charts/charts7.asp