I do not trade Bitcoin, however I found that my system works well on it.
I posted a chart a while back calling for a short, and that short still stands today. No real progress has been made, there has been a long consolidation period in Bitcoin. I believe that the consolidation period has ended today, and we might see a move. I do not forecast the time it takes for trades to complete, I only do targets.
Right now, I think Bitcoin is bearish and a short position has a higher probability than a long.
I posted a chart a while back calling for a short, and that short still stands today. No real progress has been made, there has been a long consolidation period in Bitcoin. I believe that the consolidation period has ended today, and we might see a move. I do not forecast the time it takes for trades to complete, I only do targets.
Right now, I think Bitcoin is bearish and a short position has a higher probability than a long.
