BTC: The Sky is the Limit!

8 במרץ 2018

Price just broke up from the double bottom and through the resistance with force! Would you go long in this setup? I bet you would! Unfortunately, that's the inverse BTC chart. If you are bullish here, are you still bullish on BTC? Bias is a dangerous thing. It might be time to take a step back and simply accept the fact that we're in a bear market where there can be only one direction: Down until ~80%+ retracement levels, followed by months of chop.