Bearnie & Billie discuss BTC
- Knock-knock-knockin' on your support! - announced Bearnie with a triumphant look. His short position from 10560 was showing profit already, and he was looking forward to increasing it.
- Looks pretty heavy indeed, - agreed Billie, biting his lip. He was out of his long, decided not to wait until the price hits his stop.
- Why don't you short the hell out of BTC? - asked Bearnie, smiling.
- Risk-reward. - said Billie, and pointed to the chart. - In my opinion, the large-scale buyers have placed their bids in 10083-10250 range. That means we're just bouncing on the upper band of support, and we'll bounce harder when we enter it. That leaves no room for shorts.
- What if we bounce and get back down?
Billie didn't answer: that was his deepest concern.
- Looks pretty heavy indeed, - agreed Billie, biting his lip. He was out of his long, decided not to wait until the price hits his stop.
- Why don't you short the hell out of BTC? - asked Bearnie, smiling.
- Risk-reward. - said Billie, and pointed to the chart. - In my opinion, the large-scale buyers have placed their bids in 10083-10250 range. That means we're just bouncing on the upper band of support, and we'll bounce harder when we enter it. That leaves no room for shorts.
- What if we bounce and get back down?
Billie didn't answer: that was his deepest concern.
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