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Beware BTC

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I took some profits from the recent entry a few days ago. If we cant get above 8840, we will retest the lows & ultimately, if they fail, BTC wont stop until the $3000 area. Don't fight the trend, be disciplined about seeing what the chart is really saying. Continuing to fail previous highs are warning signs that investors are selling their positions. Be patient for price to retest previous buy/support/demand zones. BTC is just one of those over-rated assets that can become a falling knife really fast. Don't keep trying to catch it, just wait to see how price reacts to buy/support/demand zones.

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