When you get excited about a $200 move on BTC
Nice to see that we finally left the 9200-9275 range on BTC. I'm still short in this swing trade from 9280, but I would like to lock in some profits around 8600 and see from there. Couple of things why I would assume that it will go lower:
- SPX decoupling from BTC
- Major alts looking crappy also, I mean, just look at the charts man...
- Twitter hacks can't be good news
If funding flips to shorts paying longs, I would consider taking more profits, but for now chilling in this higher time frame range.
- SPX decoupling from BTC
- Major alts looking crappy also, I mean, just look at the charts man...
- Twitter hacks can't be good news
If funding flips to shorts paying longs, I would consider taking more profits, but for now chilling in this higher time frame range.
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