BINANCE:BTCUSDT   Bitcoin / TetherUS
Well I did very well today. Increased my sats and I am still short for now. I know a lot of Bitcoin lovers think its sacrilege to short BTC but if you are a trader and you see a drop coming, why not sell and buy back when the price is lower? Anyways, we dropped like a rock today. Im still waiting before I buy back in. Im not convinced we are finished dropping. We dropped below some established support (bottom orange line) and after that we dropped to the bottom of the channel I have on the chart (purple lines). So now we are sub 10k. Actually we are currently sitting at 9500. Is that the bottom? I cant tell you that. I still learning the charts so I am not great with predictions like that. What I can tell you is I am short until I see a reason to be long again. So bulls need to get to work. This bear is so ready to be a bull again. But Im staying where the profit is. BTC dominance is currently at 69% (It barely dropped because those alts lost value today as well) Anyways we have a long way up, and we have room to drop more. What do you think? Up or down?
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