I Don’t Want to Be Bearish on Bitcoin. My System Says I Have To.

This post was originally published on this site

Bitcoin rejected $64,600 again this morning – the third rejection at the same line – and I did not want that outcome. My personal opinion has been leaning bullish for weeks. My system disagrees, so the short-term and medium-term bearish bias stays, and I put new trades on to match it. This is what following the plan instead of the opinion actually looks like.

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ABOUT THIS CHANNEL
Eric Krown is a former NYSE ARCA options market maker with 16 years in the markets. This channel delivers daily Bitcoin and macro market analysis using a systematic five-layer framework: Trend, Volatility, Structure, Momentum, and Risk — the same methodology used on the trading floor. No hype. Data-driven analysis with proof of trade.

This content is for educational and entertainment purposes only. Not financial advice. Trade at your own risk. Do not trade on any exchange that prohibits trading from your geographical region.

#Bitcoin #BTC #Crypto

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