DealerBTC

LIFUI. O. LOR #BITCOIN $BTC My Thoughts: Update Time For A Dip?

Short
BITSTAMP:BTCUSD   Bitcoin
There's been a lot of excitement in the market, announcement about Saylor buying. However price is jammed. I am seeing many alts also jammed up. In my opinion the price is likely to go for a dip down to $41k's. My view is that by the time the three day candle turns bearish, a lot of damage will already be done. It is probably a good time to manage risk and make sure things are in order. If price does dip, alts would take a major beating. Invalidation: blow past the high.

This trade idea is not financial advice. I am not a financial advisor of any kind.

Please do your own analysis, responsibly manage your risk, and stay safe.

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