Bitcoin might just be relaxing a bit, to continue down further..

19 ביולי 2018

Bitcoin has shown some strength in the recent days, but it also has no reason to go up, except for a Short Squeeze. Why wouldn't I call it a reversal yet? Cuz we still need to cross previous resistances (as high as 10k) to say we're in bullish territories. Also, the strength if the green candles is quickly sizzling off, and the bears are probably just resting for sometime... I'd look to short in the range of 7800 - 8250.