Well, BTC clearly over exceeded all my expectations for that bullish move. Intraday growth by 9% doesn’t happen that often, but the “Crypto Exchange Backed by Citadel Securities, Fidelity, Schwab” news pumped it hard.

If you hodl long till now it make sense to switch to higher timeframe and let it grow maybe till 36k. Or at least give it a chance to re-test 31k

If you opened any shorts on the way – BTC almost closed CME gap at 29500 and once it finish with the gap, we may expect it to pull back to May VWAP ~27560 most probably will be re-tested. Same 29.5k can be used to DCA position average cost. Nothing grows forever, but the way it did make me flip into bullish bias and therefore bet less on short opportunities.

@CryptoBullTrades #BTC #Bitcoin #update