Again we continue to observe BTCUSD SHORTS mounting and reaching record high. What does this translate to?
1) The market sentiment is bearish
2) Market volatility is expected to be high
3) Place your bids low to catch BTC... if it falls. Mine are set at 27.5k and 25.5k
4) Expect BTC to pump liquidating the shorts, then it may or may not fall. This remains pure speculation.
5) Have tight SL for your Alts, and exit those in the green to USDT.
Of course nothing here is a financial advice... I am sharing my analysis for you to play it safe, but still DYOR.
1) The market sentiment is bearish
2) Market volatility is expected to be high
3) Place your bids low to catch BTC... if it falls. Mine are set at 27.5k and 25.5k
4) Expect BTC to pump liquidating the shorts, then it may or may not fall. This remains pure speculation.
5) Have tight SL for your Alts, and exit those in the green to USDT.
Of course nothing here is a financial advice... I am sharing my analysis for you to play it safe, but still DYOR.
Unless you figure a way to make money while you sleep, you’ll work till you die.