Taking a look at a clear shot.

3 Mar

Bitcoins been in a tight consolidation around the previous highs. It's unprecedented we break into new highs before halving, so I find it interesting we're so close to them. I believe some retracement is key here due to the rapid nature of the rise here, that or significant consolidation.

For these reasons, I am taking a short here at the resistant level on this second tap, if this were a third or forth tap, I may be slightly more conservative, but this I feel is a moment to make it really count.