As BTC/USD crashed, taking Tommy and all the other stupid flashing eyeballs with it…
…I added two items, RIOT and GBTC as a speculation during the running of the Bit Bugs (a similar phenomenon to the occasional and often glorious running of the Gold Bugs). It’s just a speculation, just a trade unless of course I change my mind.
Smart Bit Bug traders will know that even if the bounce continues, a good profit taking opportunity will come into play at 48,000.
Meanwhile, the Bitcoin (loose) tracker is logically similar and will present a sell opportunity at 40+/- if the trade is successful and it goes that far.
RIOT is wilder and I’d be looking at around 37 +/-.
For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed interim market updates and NFTRH+ dynamic updates and chart/trade setup ideas. You can also keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar. Follow via Twitter @NFTRHgt.