This trade idea is to update that I have closed my shorts. I feel that the price is being supported at the current daily low. If price were to move above the current daily high, I believe people would not be prepared. If the current low were to break, I'd look to the short side again, but for now it hasn't broken. If price were to continue above the current monthly high, I think it could have a lot of room to run towards $80,000. I'm writing this as a word of caution. Earlier today I was expecting much lower, so I was short, but the price is not indicating that to me right now. Hence, I am long on this market. Let me speculate...
This trade idea is not financial advice. I am not any kind of financial advisor.
Thanks for hitting the like button and for following me.
This trade idea is not financial advice. I am not any kind of financial advisor.
Thanks for hitting the like button and for following me.
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