3-3-5 corrective wave to fill inefficiency

28 Eyl 2021

There is an obvious inefficiency gap around $21000. While retail investors are long, institutional traders are short. The news of Evergrande debt crisis and China banning cryptocurrencies for the 5th or 6th time, just tells big investors when to short. $21000 is a significant number for Bitcoin as the total supply is 21m. I am short down to this area and will be long from there.