Bitcoin's recent run looks like it may have reached capitulation..
Daily Chart
Indicators:
Stoch- Overbought
Bollinger Bands- Overbought
OBV- Above trendline but bearish divergence
Accumulation/Distribution- Above Trendline
Overall Volume- Low
Shorting Bitcoin is usually not the best thing to do. It follows no usual tricks of the trade and can surprise on the upside, extremely. Better to accumulate during weak times and, if needed, sell some during peak moments.
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Thanks for letting us know, I think I will sell some BTC.
P.S
I have a SBD giveaway happening on my latest post, check it out to win a few SBD
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Np, buying may rotate to Ethereum- check out ETH/BTC. And of course, do your own research, too.
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