Seems like Bitcoin has made a double bottem around 7000/7050. If it gets above 7220/7250. It will go to 7400. That would be a perfect moment to go short!! If it wont get above the 7220 soon, this will all be a nothing more than a correction and it should drop way under the 7000
I saw some buying power with the bitcoin future at the bottem of that channel and when it broke out on the upside
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a seconds this spike. it has to close above the 7220/7240 to confirm, volume is already there
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7310 target for now
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What a ride :) Iam am out
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If it gets at 7220/7260 i will go long again
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And were in in again. long
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second and last chance to get in the high speed train :)
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If it gets to 7350/7400 i would go short and even add my own boxershorts for extra volume :)
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I have added a few, perfect support level, worth the risk. stop is 7200
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Its near the bottem again. I find it quitte weak that it did not reach the 7400. So i have my doubts if the 7000/7050 level will have enough support this time. I am flat now, because i was waiting for 7350/7400 to go short. There will be enough opportunites with this volatility
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The future market made several attempts earlier today to push through to the upside, but it didnt work.
Now it has dropped under the support!! if it pulls back to the 700/7150, i will go short. Shows a lot of weaknes now. Look at the volume!
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When despair is near, than mostly a short term bottem is set. I think now it will cool down and probably look up 7000/7100.