Forever Short Bitcoin

19 Mar 2019

Sure, you may be able to get some small gains upwards, but that next Fibo level will be impossible to break through. Keep in mind, most the analysis you'll see uses extremely short-term charts at the hourly level. I'm still amazed there are still people throwing their money away on this particular crypto while the options for gains are so much better with returns on a percentage level much higher in Litecoin or EOS for example. Just look at the moving averages, RSI, and Stochastic. All are near flashing overbought and that's with this incremental trend up. In brief, I'll short Bitcoin my entire life and feel no guilt on any money I lose in the short-term.