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Hi everyone,
I hope you all doing wonderful and made some nice profits in this bull run! Here is our update on BTC, finally, bitcoin is showing some strength with a 24% gain yesterday. Just like the good old days! So what to do from here?
I've made a BTC chart to show you the bigger picture, we are currently at an important resistance level. So we are hedging our open positions (accumulated bags) with some shorts on bitcoin and alt coins. About an hour ago we've closed some of our long positions on Bitcoin and some alt coins for some nice leveraged profits. On the chart, you see boxes of critical resistance, 2 boxes where we expect the price to reject. Where to buy back if this happens? That has to be seen first we have to see how big the rejection will be!
Stay safe and don't fomo into positions, we are still in a bear market and there will be enough good buying opportunities!
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