ridethepig

ridethepig | BTC Market Commentary 2020.10.21

ridethepig 업데이트됨   
BITMEX:XBTUSD.P   Bitcoin
📌 What have we got in play here?

On the news flow Paypal does matter but it was expected and is done at the right time if you ask me. I mean the retrace here will be healthy, to trap the late buyers who are unaware thinking its non-stop-moon while also opening an attack on the previous breakout traders at $11,500.


A positional play. Sellers can now work on the profit taking and arrive on the support for nothing less than a retest. The long term view remains intact but it is also extremely obvious that we are set for another flush before the elections.





코멘트:
A quick update here after we overshot the highs:
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