Observing @ $7,346
Are we going bullish?
As long as we stay below $8.200 in january, i'd be bearish (short term).
And if we go above, would your guess then still be the same on that game??
This is a good question. To be true, i am bearish atm (fully since 11/2019), until after the halvening. That's why i decided to prepare for $5-$6k zones around end of Q1/2020.
If the price breaks the upper boundary of the downtrend channel, within january respectively (around $8.2k), i'd likely change my sentiment and i would have to admit that i chose the wrong bet for April 1st. Which would be the same "mistake" like in the last Q4 game, just the other way round.
EDIT: Why?
Because i was wrong too many times in the last two years, just because i didn't wait for confirmation of various buy or sell signals.