BitcoinShort
Going Short from $8210
As we can all see Bitcoin is hitting resistance at 8.2k. We are very over extended, we have bearish divergence and more importantly we are at resistance at the RSI. historically we have retrace when the RSI hits 88 for the first resistance and 94 for the second one. If you go back in history you can clearly see we correct every time we get to that range. sometimes the most simple trades are the best one!
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