Short trade opportunity

2017年12月11日

Since CBOE exchange trading lauch, there will be more professional trader like bank, fund manager and other pro trading bitcoin. And these trader will trade bitcoin like their usual trading activity. That mean they will sell when the bitcoin price is high or near resistance and buy when bitcoin price is cheap or near support. Last time, bitcoin is more like (Buy, Buy, Buy, Sell). Price can easily do bullish swing 1000-3000 pips after making 500-1000 pips correction. But now, it is feel more like (Buy, Sell, Buy, Sell) where the price having balance on both side of their movement direction.