Bitcoin
Updated

Bitcoin has made a double (tripple) bottem,

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Seems like Bitcoin has made a double bottem around 7000/7050. If it gets above 7220/7250. It will go to 7400. That would be a perfect moment to go short!! If it wont get above the 7220 soon, this will all be a nothing more than a correction and it should drop way under the 7000

I saw some buying power with the bitcoin future at the bottem of that channel and when it broke out on the upside
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a seconds this spike. it has to close above the 7220/7240 to confirm, volume is already there
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7310 target for now
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What a ride :)
Iam am out
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If it gets at 7220/7260 i will go long again
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And were in in again. long
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second and last chance to get in the high speed train :)
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If it gets to 7350/7400 i would go short and even add my own boxershorts for extra volume :)

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I have added a few, perfect support level, worth the risk. stop is 7200
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Its near the bottem again. I find it quitte weak that it did not reach the 7400. So i have my doubts if the 7000/7050 level will have enough support this time. I am flat now, because i was waiting for 7350/7400 to go short. There will be enough opportunites with this volatility
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The future market made several attempts earlier today to push through to the upside, but it didnt work.

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Now it has dropped under the support!! if it pulls back to the 700/7150, i will go short. Shows a lot of weaknes now. Look at the volume!
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When despair is near, than mostly a short term bottem is set. I think now it will cool down and probably look up 7000/7100.

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