BTC bearish, long-term timing reversal
Something strange and contrarian is happening this week. Those who time the market will notice times when the graph timing "flips" and the expected peaks become valleys. Usually, these are major trend reversals. On the 11th-12th, markets have been going long, but in mid-January, they shorted instead (circled). Unless there is a re-reversal, prices could form an extended, downtrend continuation from here. End of month could be a valley instead of the peak everyone expects.
Watch daily progress and let go if trades are not going as expected.
Disclosure: Short from 17K is still in play.
Watch daily progress and let go if trades are not going as expected.
Disclosure: Short from 17K is still in play.
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