Bitcoin potential short
For some reason I’ve been posting private lately. So if you see this twice, I’m sorry.
Bitcoin had a pretty good move down, but I don’t think we’ve found a bottom yet. We may have found a temporary (local) bottom and head back up to the 52-53K range, but Macd flipped pretty hard and the last time it did this we saw a additional 21% drop. Low 40’s high 30’s would be my target if this plays out. Good luck y’all!
Bitcoin had a pretty good move down, but I don’t think we’ve found a bottom yet. We may have found a temporary (local) bottom and head back up to the 52-53K range, but Macd flipped pretty hard and the last time it did this we saw a additional 21% drop. Low 40’s high 30’s would be my target if this plays out. Good luck y’all!
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