Bitcoin might be in for a pull back- retest support
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Just when you thought you were out…they pull you back in!
Top indicator on the scrypto is flashing a local top… Making me think maybe we pull back through reach so sub 40K prices 35K maybe?
I might place a short as a hedge. in the short term, but on a large scale I think BTC will rally to its prior ATHs and maybe beyond….but maybe just not yet.
Going into the weekend things tend to pump a bit, so I might like to start layering in a short come Saturday or Sunday night.
Wish me luck… I have no idea what I am doing…I just do what the chart says.
