UnknownUnicorn15189539

BTC - Would You Rather Be Right or Make Money? Short Target Met

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
My last trade suggestion I decided to go short from 58.5K to 52K on BTC for a number of reasons. Though today was scary.. If we hold here on high time frames this could be very bullish. Technical target of the rising wedge from a few weeks ago was around 53K.. as you can see by where we bounced, it seems that we retested our previous breakout from october. We also have bounced off the bottom of the golden pocket in our fib retracement from the first leg of this bull run. This is simply a suggestion of bullish bias, nobody knows where we go from here.. for now I've bought some BTC and eth in spot but am keeping more stables on the sidelines for further bleeding.

Stay safe out there traders!

NFA
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