BTC did Kaboom:) Now I am looking for the pullback eventually to get on the bull run train with bigger & fatter long position. I would advise NOT to short this market but wait for the pullback to buy again...but sometimes people are just too greedy..
BTC bounced from the support at 9.6k which is quite bullish. Even if prices roll over a bit to test again near 10k region, I believe there will be upside motion or at least retest of 10.6k. I have built nice long position and looking to increase its size on pullbacks.
BTC dipped below 9k support and was stopped out. Now this level has been tested again as you can see, and this would be resistance in the future. I believe we are going to 7.4k or near that. If price goes above 9k, I am bullish again. I will wait to see how this develops and which direction will break out.