As expected not much has happen today or yesterday, soon traditional markets will open and this week will be interesting, Im still on FIAT and waiting for the signal to get back in, not trying to short the market but trying to keep my FIAT safe, I know everybody thinks Bitcoin is going to replace FIAT and the entire fary tail but for now it has not so all we need to do is cover yourself, have a long term Bitcoin hold and some to trade, keep investing.
I havent been trading to say Im a “trader” or give any advice and as a matter of fact I wouldnt unless people depend on me for example if Im teaching others to trader, other than that I would not give any advice or say I know what Im doing, Im still learning how to trade this market although I do see a lot of ppl on twitter making out points and calling rallies when there is no confirmation yet.
On my previous post I mention how Bitcoin has not even get over $7400 and now the push after the liquidation candle on April 16, because thats what it is, exchanges mostly leverage exchanges trading against their clients to liquidate them and keep the wheel spining, for me volume does matter so far since its useful to call reversals, right now volume is very low, can this continue going up yes but it wont forever so next big candle in volume most likely will dump the price, after I move to FIAT price has only gone up 1.3% since I exit at $7068 and at the moment of this post its at $7164, since IMO BTC will dump in the short time setup an order at $6612, ONLY will turn bullish once Bitcoin start closing above $7400
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