4 ms·
I pointed out[1] 10 days ago that the Bitcoin had broken through a key support level and anybody trading a similar stock chart on technicals would be looking to
by 7Figures2Commas 13y ago
I pointed out[1] 10 days ago that the Bitcoin had broken through a key support level and anybody trading a similar stock chart on technicals would be looking to go short.
From a purely technical perspective, there's no buy signal (yet).
Catching a falling knife is always a bad idea but seeing them before they fall can be highly profitable. It's just a shame there's no readily available vehicle for playing BTC on the short side.
[1] https://news.ycombinator.com/item?id=7500000 https://news.ycombinator.com/item?id=7500000
- vidarh 13y ago> It's just a shame there's no readily available vehicle for playing BTC on the short side In the UK at least there are multiple firms letting you buy/sell BTC Contracts For Difference, including shorting with a 10% initial margin if you really feel like taking crazy risks. (Plus500 is an example)