Today I just thought that I finally believed that Bitcoin would break through its maximum. The long/short ratio was 55/45 and all they did was open long. The position itself was in a decent minus and, of course, I did not close it. Today there was a good pullback that will allow me to take profit.
For myself, I will take into account two mistakes.
1. If you see that everyone is waiting for a rollback, open a long position, even if you opened a short position before, take profit and then re-open the short position higher.
2. If the news background screams that there will be growth, wait until the event itself, do not expect a fall earlier.
Remember that I’m just blogging and all my predictions that have come true are just a coincidence,
None of the graphers, like me, know the future. Only you are responsible for who to read and who to follow.
Happy trading everyone!