syphrpunk

Bitcoin Week of 6-14-2020 : Short Bias

Short
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Let me preface this with since correlation to traditional markets is very strong again, if my bias plays out, the s&p moves negative this week, we move down to the ~9100 volume node, get a little bull trap up to 9600-9800 node, then utter destruction. If the s&p totally falls apart, then we may scrap the 96-98 node entirely. Waiting till futures markets open before taking any heavy positions, however right now i am short as the plan plays out.
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.