BITCOIN PRICE STRUCTURE - SHOULD I BUY OR SELL RIGHT NOW #CRYPTO
BITCOIN has consolidated and is at the crossroads pushing price right against daily channel resistance. Now we need to be patient and wait for a momentum to reveal what the big boys are doing - either we are going to have a breakout to the topside and we should go long, or a rejection of the price from the channel top reveals that the downside is not over and we get short on that momentum. In any case what happens use reduced position sizing because as we are approaching Christmas holidays and New Years, so this time of years is prone to fakeouts and erratic price action so not the time to get greedy but rather pull back a little off of the gas pedal and enjoy your sleep during this time. Happy Holidays All!!! #apexbull
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