I track various markets by gauging "sentiment" and how it is affecting price at any given time. I mainly use the U.S. exchange traded bitcoin tracker GBTC to track the fortunes of bitcoin. I'm still holding in a full short position in my "mythical" GBTC trading account. Longer term bitcoin gets crushed. And it isn't even close to generating a buy signal as of yet. You can follow my blog if you want to find out when the next buy opportunity sets up. GBTC will control the price of bitcoin going forward. Yes, bitcoin is a bubble. I'd be careful with sell stops as there is always a chance the computerized trading wizards "controlling" price will do the same thing they did with ETH.
I track various markets by gauging "sentiment" and how it is affecting price at any given time. I mainly use the U.S. exchange traded bitcoin tracker GBTC to track the fortunes of bitcoin. I'm still holding in a full short position in my "mythical" GBTC trading account. Longer term bitcoin gets crushed. And it isn't even close to generating a buy signal as of yet. You can follow my blog if you want to find out when the next buy opportunity sets up. GBTC will control the price of bitcoin going forward. Yes, bitcoin is a bubble. I'd be careful with sell stops as there is always a chance the computerized trading wizards "controlling" price will do the same thing they did with ETH.