ScottTeresi

BTC Last Long Before The Last Drop!

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BITMEX:XBTUSD.P   Bitcoin
BTC is up to old tricks, spiking up and down violently. Good or Bad?

GOOD! Plenty of Leverage Trading opportunities in front of us. Id only be leverage trading if you are experienced in your craft. If you just dipping your toes I would sit this one out, if you were in tether and want to still be trading, stay in tether and be patient. Go outside and live your life!

Here on XBTUSD you see your textbook bull flag. Simple TA with hopefully a simple outcome.

Overall BTC is destine for 5500-5800 In my honest opinion, this may be the last chance to long and even then it is a high risk trade. When we are bearish which we have been its only really a time for shorting the market. So if this pans out the way I see it going down in the short term strap yourself in and show your emotions the door. Set some shorts at 6800ish and ride that sucker.

You can make money in any market!

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