BITMEX:XBTUSD.P   Bitcoin
Weekly isn't over but holy f**k if that's not a classic evening star, I don't know what is.
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Obviously I could be wrong on this like anyone on here but I've written about this before - markets do not reverse from one singular dip. It just doesn't happen. There is usually a period of restricted ups and downs which categorise what we would call a bear market. A period where interest falls, and the price simply moves up and down in a small range.

After that point, we see a strong move up to an actual bull market.

Could be wrong and BTC could well be an unusual asset - but history of markets is what we have to go on.
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Well fuck, wasn't expecting that at all considering where we were at the start of the week

Stopped out (in profit!) so i'm out for now.


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