$BTC I have had positions over the weekend without taking profits or losses. Since there are no new insights, I haven't posted anything. Today, I was very close to hitting my stop loss at 107200; there was a bit of luck involved. I've recovered half, and I'm now slightly in profit.
Bitcoin hasn't rebounded to the previous downward trend line after a whole weekend. The 4-hour structure is still quite weak, and there isn't much trading volume around this daily line. There are quite a few people waiting to short on a rebound, and for those holding long positions, the key is to take profits when the price reaches the right level.
Bitcoin hasn't rebounded to the previous downward trend line after a whole weekend. The 4-hour structure is still quite weak, and there isn't much trading volume around this daily line. There are quite a few people waiting to short on a rebound, and for those holding long positions, the key is to take profits when the price reaches the right level.