Bear trap caught me, but BTC isn't out of the channel yet...
BTC caught sellers as buyers swooped in on an apparent breakdown, but has printed a large green candle.
I got caught on the short side and was stopped out, but I'm not long on BTC before a breakout above the channel.
It's very possible bulls will get snagged at the top of the channel on that movement.
No clear direction yet.
BCW calls a relief rally but until the channel is broken, it's a neutral outlook for me.
I got caught on the short side and was stopped out, but I'm not long on BTC before a breakout above the channel.
It's very possible bulls will get snagged at the top of the channel on that movement.
No clear direction yet.
BCW calls a relief rally but until the channel is broken, it's a neutral outlook for me.