BTC could touch the bottom of the channel at about 44k and come back up, sure.
But in the technical we are loosing energy, inside an ascending triangle with higher probability of a correction.
I feel like is less riskier to short right now than longing to be honest, I don´t short during a bull run like that but that's how it looks now.
And I also have a question that I would like to leave for you guys.
Do you really think that the giants of the tradicional market want to buy BTC during a hype FOMO situation like the one we are leaving today?
Sure, they want to buy, but do you really think the sharks are risking to loose 50% of their capital? I don´t think so.
But in the technical we are loosing energy, inside an ascending triangle with higher probability of a correction.
I feel like is less riskier to short right now than longing to be honest, I don´t short during a bull run like that but that's how it looks now.
And I also have a question that I would like to leave for you guys.
Do you really think that the giants of the tradicional market want to buy BTC during a hype FOMO situation like the one we are leaving today?
Sure, they want to buy, but do you really think the sharks are risking to loose 50% of their capital? I don´t think so.
