EnlightenedTrading

Bitcoin NEUTRAL?! Huge resistance! More BEARISH SETUP!

BITSTAMP:BTCUSD   比特幣
Hey there,

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What do you think? Comment below!

Bitcoin currently seems kinda neutral.
If I had to choose, I would say it is leaning bearish.
1. Major resistance of 14k
2. Extensive run up
3. No retest of prior important levels 12k to 12,5k

And yet we should not underestimate Bitcoins strength!
We can also push beyond 14.5k, but the pullback will come!
Therefore shorting seems to be no way for me now.
Will way to catch the dip phase!

Cheers,
Konrad


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