BTC Adding further to short position.

2021년 12월 21일

I am still holding BTC short from 52k. I've taken profits at the lows and have now added short again at $48800.

BTC has rejected from the 49K area and has low volume supporting these moves. I expect this to be a bull trap. Previous resistances are being respected. Until BTC trends sideways and breaks its downtrending resistance then BTC remains bearish. This is a good time to take some profits