BITCOIN
I sized up $BTC too early yesterday, ahead of Warsh’s speech. I was convinced the chairman would flop (still think he did) and jumped the gun on the long.
Patience. I was wrong.I own it.
Chart still isn’t ugly. Just one red candle inside the top consolidation (yellow box). BTW, cleaner than gold today.
If Monday prints a big red candle like the one simulated here, I’ll cut the position in half. I don’t trade weekends and I don’t want another sharp dump.
I sized up $BTC too early yesterday, ahead of Warsh’s speech. I was convinced the chairman would flop (still think he did) and jumped the gun on the long.
Patience. I was wrong.I own it.
Chart still isn’t ugly. Just one red candle inside the top consolidation (yellow box). BTW, cleaner than gold today.
If Monday prints a big red candle like the one simulated here, I’ll cut the position in half. I don’t trade weekends and I don’t want another sharp dump.
