I don't usually trade Bitcoin, but when I do I short it.
I'm not to fond of crypto for many reasons that would take too long to explain. When Hamilton created the modern financial system I don't think he intended for nonexistent money to be a practical currency for a nation state.
I think that BTC hits resistance somewhere around the 1000-1050 range and get smacked back down by those market makers. The bulls will find a better long entry in the 800-850 range which BTC should enter within the next 1.5 months. Short until you can find a better price then go try to buy your fruity drinks at that hippie bar, because I'm convinced that's the only place you can use BTC.
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.