BitcoinShort
BTC OCTOBER RALLY - HOPIUM
Analysis: We have a really nice dead cat bounce on the market, most of the traders (newbies) are still trading after historical calendar price action, so the hope for the 100k by the end of this year is pretty strong. So that's a great opportunity to use this sentiment and go short on the market. Fundamentals are bad in the macro environment, so technical analysis is no longer in play by using fractals from the 2018 bull run. Right now, my early short position is still active and it will be so in the upcoming months. If it fails I don't even care since it's a really low risk trade in case of surprise events (pumps). We need a few trillion dollars to get the 100k$ level while most of the people sitting on shitcoins and waiting for BTC to move higher. So the whole concept is a joke. Happy trading you all!!
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