I am definitely bullish on BTC. However, I think the recent price action was too fast for the market to handle. Based on the Fibonacci level I believe BTC will pull back to around 7K before it makes the rally to 8K in month of August.
My Trades:
1) Short BTC until 7K
2) Long BTC starting 7K
3) Close all position ~8.4K
Happy trading!
YC_CAPN
My Trades:
1) Short BTC until 7K
2) Long BTC starting 7K
3) Close all position ~8.4K
Happy trading!
YC_CAPN
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.