trend-hitchiker

BTC what will it be? Short Idea.

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COINBASE:BTCUSD   Bitcoin

BTC is creating Lower lows and lower highs indicating a clear downtrend.

Daily chart shows 2 pullbacks to 50% Fibonacci levels and the trend line area, will BTC breakout or will carry on to $3.9k - $4.0k as indicated by the FIBS ?


Nobody in the world knows 100% what the next move will be
The fact that no successful trader in the world risks 100% of their capital on each trade proves this simple fact it is our job to find the higher probability move between:

Scenario A (going Long)

Scenario B (going Short)



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