TraderCobb

Bitcoin Higher Or Lower?

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BITMEX:XBTUSD.P   Bitcoin
What are your thoughts around the current price?

If we break the low of yesterday's candle I can see a move lower. That being said, Bitcoin has a mind of its own. As a trader I just stick to my rules, I try not to think but act upon the checklists I work from. If it breaks higher (which I would love) then the option for today to short is lost.

It's hard but as traders we need to separate the "wants" form the "is" and what is right now is a downtrend on the daily and weekly. What I want is for Bitcoin to move higher. What are your views?

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