Very simple, noone seems to want to pay for above 2.9k Bitcoin, 3k keeps getting rejected.
This is a low risk high reward trade, keep stop around ATH if it breaks with volume.
I will be keeping an eye on fundamentals since this can change the whole picture, but I believe we'll see prices of at least $2000 before we can attempt to crush 3k.
This is a low risk high reward trade, keep stop around ATH if it breaks with volume.
I will be keeping an eye on fundamentals since this can change the whole picture, but I believe we'll see prices of at least $2000 before we can attempt to crush 3k.
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Happy profit bears ;) !
But I'll keep at least 50% of my short, expecting at least $2300 to hit in the coming days.