...damn, that almost got me. On the 15min timeframe, BTC pushed up 34K for a brief second and quickly came back down with seconds left until the new candle. I had my buy order in at 34000 for the retracement, but canceled it when things started to feel off. Saved my ass. No TA, no charting, just pure gut feeling.
Let's see where it goes from here. My gut feeling says down, but BTC has got to retest 37K sometime. Who knows when that'll be.
Let's see where it goes from here. My gut feeling says down, but BTC has got to retest 37K sometime. Who knows when that'll be.
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Okay, well we're testing 37K a lot sooner than I thought. It wasn't a fakeout, but rather an indication of market sentiment.