M2it2M

short position

Short
short position on BTC/WTICO


According to the presented chart, it seems that the situation of oil is more suitable than Bitcoin. Of course, in the short term, it seems that Bitcoin will have a growth compared to oil and then continue to correct itself. This correction can be caused by the strengthening of the dollar index and the stability of the oil price along with the weakening of the Bitcoin price.

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.