BTC Looking to cool off and consolidate more

20 thg 12, 2020

Bear divs on the 4hr for RSI and volume. Plus a rising wedge breakdown at ATH. 20k 3 year resistance begging to be tested before run at 30k. New COVID mutation. Possible sell the news for stimulus in the US which is already priced in. Low holiday trading volume as institutions take a break. Ideal setup if you have been waiting on the sidelines with dry powder.

Generational long opportunity if price reaches down to $18-19k range.

Short taken to cover spot BTC exposure in cold storage. Will switch to long at the right time.