Currently #Bitcoin is heading for a correction.
Reasons being that;
BTC inflow is HIGH
BTC trading at overbought range.
Theres a CME Gap at 19.9k - 20.8k
The dollar index(DXY) Reversal
Hence Bitcoin is looking for healthy correction here..
Anyone looking for a Short opportunity should consider placing a short at these ranges
Short BTC : 20800 - 21800
Target : 19600 - 18400
Moreover, fundamentals are rekt as SEC is still investigating DCG, Gemini and Genesis.
One word from the SEC will crash the market down more than expected.
So trade carefully champs!
#ReNLoG
Reasons being that;
BTC inflow is HIGH
BTC trading at overbought range.
Theres a CME Gap at 19.9k - 20.8k
The dollar index(DXY) Reversal
Hence Bitcoin is looking for healthy correction here..
Anyone looking for a Short opportunity should consider placing a short at these ranges
Short BTC : 20800 - 21800
Target : 19600 - 18400
Moreover, fundamentals are rekt as SEC is still investigating DCG, Gemini and Genesis.
One word from the SEC will crash the market down more than expected.
So trade carefully champs!
#ReNLoG