Be Brave. Short BTC
FOMO at its peak right now makes it a good time to think outside the square...
BTC at the top of the channel at point of resistance around 4600.
RSI overbought.
Money has shifted into BTC from Altcoins in a wave of fomo that spread across the globe with people trying to 'cash in' on the upcoming forks. But...
The depleted altcoin market now presents a much stronger opportunity to claim large gains...gains that will be stronger than those of the Bitcoin Gold fork taking place late October, and
the distrubution of coins likely Early November - still a while away.
Expecting a swing back to the 4400 level due to this combination of technical and macro analysis. Good Luck.
BTC at the top of the channel at point of resistance around 4600.
RSI overbought.
Money has shifted into BTC from Altcoins in a wave of fomo that spread across the globe with people trying to 'cash in' on the upcoming forks. But...
The depleted altcoin market now presents a much stronger opportunity to claim large gains...gains that will be stronger than those of the Bitcoin Gold fork taking place late October, and
the distrubution of coins likely Early November - still a while away.
Expecting a swing back to the 4400 level due to this combination of technical and macro analysis. Good Luck.
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