Btc friendly trendly

12 thg 6, 2022

This chart was made on June 6th.
SL hunting is legit. The major trend line holds. 28k breakdown saw a major selloff followed by an early Sunday attempt to rally. My short has been in from 32k and my tgt is 26.5k
I expect Bittly to trend sideways for a few and continue its downward trend.
A close above 28.6k will be cause to reevaluate my strategy.
Inflation, CPI reports, Fear in the market, macro, blah blah blah... You get the drift!

This is not financial advice, just a hamster's opinion