Lots of media and people talking about buying Bitcoin. Not always good for those who are hoping for more gains.
We have a big Sell Zone coming (Orange Box). The 44k-48k level.
I will be taking all my profits at this level and begin to SHORT Bitcoin until we retest the BreakOut Level (Red Box). The 31k-32k level.
This retest may shake out a lot of retail investors and accumulate mass long liquidations. We may continue higher after the retest, but greed has already ran rampant.
Keep your emotions stable and stick with the plan. Funnel out the noise.
Simple & Clean Analysis!
Happy Trading!!⚔️
Feel free to follow me for more posts! :)
We have a big Sell Zone coming (Orange Box). The 44k-48k level.
I will be taking all my profits at this level and begin to SHORT Bitcoin until we retest the BreakOut Level (Red Box). The 31k-32k level.
This retest may shake out a lot of retail investors and accumulate mass long liquidations. We may continue higher after the retest, but greed has already ran rampant.
Keep your emotions stable and stick with the plan. Funnel out the noise.
Simple & Clean Analysis!
Happy Trading!!⚔️
Feel free to follow me for more posts! :)