I stopped trying to fade the BTC rally a while ago. It was like chewing bricks and I also have had other things to be dealing with IRL over the last month.
But I am starting to fancy the odds of a swing short again. I think we probably have another leg up first.
Would love to come in as a short somewhere around 55K with a target somewhere around 10K, though.
I still think we're in a corrective leg in a net downtrend. As such, I'd love to short near the 76 retracement.