Be Cautious When Longing Bitcoin AT This Position…
2 min readJul 6, 2021
Written at 9pm eastern time, July 5th, 2021.
As I saw bullish divergence in 15-min chart along with reducing volume in selling, I closed my short position at 33,660$. As I wrote in my last blog couple days ago, I opened my shorting as soon as I saw it fell below the uptrend channel where my short position was 35540$ . So far I made around 28% profit.
