BTC Bitcoin Wild Ride - Short-term take profits, long-term OK
#Bitcoin - not for the faint of heart. For a gambler like me, its fun
Since buying the breakout in the 4-hour chart worked, I'm selling here with a little profit as it breaks its steep uptrend. We have some technical indicators turning, so we could see a few hours of weakness. Maybe.
But there was no technical divergence, so its possible we keep testing these highs or making new ones in the short-term. I'm OK being patient and watching again with my trading positions.
On a weekly time frame, I'm a broken record - still bullish. Long-term holders stay.
$BTC #BTC $BTCUSD
Since buying the breakout in the 4-hour chart worked, I'm selling here with a little profit as it breaks its steep uptrend. We have some technical indicators turning, so we could see a few hours of weakness. Maybe.
But there was no technical divergence, so its possible we keep testing these highs or making new ones in the short-term. I'm OK being patient and watching again with my trading positions.
On a weekly time frame, I'm a broken record - still bullish. Long-term holders stay.
$BTC #BTC $BTCUSD