#REVIEW BITCOIN
It's hard to know when to buy and when to sell during the indirect chop market. However, you still can define the main line analyzing it deeper!
For example let's take this weeks action and see how #BTC behaved. In fact #BTC price on Monday was $27400 and now it's $27400 again. During the deviation to $26600 there were
heavy sells with
18k #BTC volume and it took
only 6k #BTC to run it back!
In a nutshell, it's
much easier to pump the price than to dump it! This is a clear sign of
bullish environment and that's why I open only long positions/buy on spot and never short!