$BTC dilemma
So as my system tells me to go short i feel these urge not to.
On all my timeframes (which my system is based on) the trend reversed and its in rare situations like this that i am uncertain of any outcome of the price.
What my years in the markets (forex & crypto) tell me right now is to take a step back and let what ever is going to happen,happen.
I would never short in to weakness.
I am not saying that bitcoin is doomed neither that is going to 20k like the others are telling you but what i think will happen now is very simple
Outcome 1:
We will consolidate for a few days or weeks for that matter ranging from 60k all the way to 68k which by the way are the places with the most liquidity
Outcome 2:
We take the liquidity sitting around the 64000 and then shoot up towards the all time highs.
Personally i am in the middle..
This is why when the big institutions came in i and a few fellow traders were not happy, we knew that they would manipulate the prices all the time and no one would be able to tell them otherwise.
