Experienced Trader Ignited For Bitcoin: Take a Short Position! Here’s Why

Veteran trader and analyst Peter Brandt said that it is necessary to take a short position, pointing to the two major price gaps (gaps) found on the Bitcoin (BTC) CME futures chart.

Peter Brandt March 20 Posted on his official social media account on in the shipmentrecently traded on the derivatives exchange Chicago Mercantile Exchange (CME) Bitcoin futures unfilled, consisting of graph to two big gaps pointing out a decline implied that it could be lived and short position advised to take it.

Two large unfilled gaps. I encourage hot young people to go short.

First noted by Peter Brandt 27,320 And 27,115 between dollars, and the second 21,110 And 20,090 In case of filling the gaps in the dollar band, Bitcoin will be charged at the current price. to 30% close value will experience loss.

The price formed in the charts gaps, often among investors partner One opinion expected to be filled are spaces However, contrary to the general belief, these gaps should be filled. some cases LONG One time can take.

CoinGecko According to the data of the last 30-day period 28.5% value winning Bitcoin, at the time of writing at $28,375 is being traded.


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