aphexmean

Little short is due

Kort
aphexmean Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
Little short to $13'000 level is due. Possibly, the price is decreasing even further; you, just lock in little profits from time to time; big time-life changing trades do not exist unless your name is G. Soros.

Personally, I'm holding a put position with strike $14'000 and expiration 26DEC18, in the hope of opening a put spread, possibly arbitraging a self-financed portfolio (meanwhile, of course, I'm long the underlying).
I'm expecting this guy to flash crash and rebound in the $11'500 level.

ATTENTION: shorting bitcoin is so very dangerous, please use a stop loss.

Trade responsibly.
Kommentera:
Typo: I'm holding a put position with expiration 26JAN18.
Kommentera:
If it breaks above $16'000 the analysis is invalid
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