BitcoinShort
Waiting for the price to touch the resistance to short
Updated
This just looks like a correction of a very strong downtrend. Price takes a lot to go up but very little to go down. I think big players make people believe that the price is going to go back to normal so that they can sell their coins at a higher price. I think this is just a correction of a really strong downtrend. Do not get fooled by thinking this is a good price go buy BTC againOnce the price reaches the resistance and the stochastic becomes really oversold on the 1 hr time frame, it might be a pretty good opportunity to short at a really good price.
Note
Correction, it might even go to 14k. That price might actually be the perfect price to go short
Disclaimer
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.