Flat | 09 April 2018

So far, there seems to be a lot of indecision in this market. The price of BTC continues to cross above and below the three Simple Moving Averages (14, 52, 152) irregularly. This is a sign that the price could rally higher or even lower in the longer perspective, Personally, I choose to remain flat here, my expectations is that BTC will continue to drop in value up to somewhere mid of this year. So, If I see any clear short position, I may give it a try, but long positions needs a strong confirmation that the price will continue upwards.

Flat