Hello guys, It's been a long time since I posted here in Trading View. Today I bring you an idea of shorting bitcoin Since bitcoin touched the $49,000 price level, it started falling due to the fact that Grayscale is selling its bitcoin, which dumps bitcoin a lot. Now, Bitcoin is around 40k, which is a decent zone to short. I expect the price to reach $45k unless there is good news for crypto. If we see other sellers like Grayscale sell other bitcoins, we may see a further drop.
share your IDEA in the comment .
share your IDEA in the comment .
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.
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.