Nice ideas!
We agree BTC is due for a short-term correction.
CME institutional traders’ net position remains similar to the level in mid-February 2020, and it has been dropping significantly since BTC attempted 10k. This makes it very hard to argue the short-term bull side.
What do you think of our setup below?
We agree BTC is due for a short-term correction.
CME institutional traders’ net position remains similar to the level in mid-February 2020, and it has been dropping significantly since BTC attempted 10k. This makes it very hard to argue the short-term bull side.
What do you think of our setup below?