Food for thoughts 01-03
After opening a short at the retest of 45K, the price moved down to 43K. My expectation was more downside, all the way down to 40K. I'm kinda suprisded with the current movement, and my short position closed with a small loss. A big falling wedge (bullish pattern) has been formed on the chart, of which it broke out. Does this mean we're safe? Meh. Yet again all eyes on 45K which has been beaten mulitple times. We need some upwards movement and momentum, and we need it asap. A daily close above 48K would be a nice start.
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