BTC: dont be stupid and be patient!Bitty is gonna come down because:
- Too much longs are still open (opened by traders at lower levels) so they need to be wiped out
- BTC futures expiration this Friday, pain is at 53-54K even though 58K is stated as max pain price
- Market is still too optimistic, we need more fear for a reversal and that fear is about to come
- You are still opening longs because you think there's a double bottom...
Stay patient, go do something with your life instead of staring charts all day. Come back on Friday morning and we can trade again. Take some days off, nothing is happening here apart from traders getting rekt. That's the harsh truth of these markets.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
