Bitcoin Short Because Technicals and Sentiment Flash Overbought

With stochastic flashing overbought and RSI headed in that direction, some technical oscillators are showing that price action is reaching the upper limits of its bullish momentum. By the way, that bullish momentum is weakening as time progresses which can be seen by the weakening of one day change (bottom oscillator). Sentiment indicators also suggest the crowd is all in for bull BTCUSD suggesting a bearish move is in the making, however this has been the case for several months. That data can be found here www.dailyfx.com/sentiment Overall, my bias is usually BTCUSD short in the long-term and now in the short-term as well, however I believe a small pullback could be in the offing followed by a medium-term rise in prices as we have seen from December 2018. Short now, go long later, and then go short a bit later than that. Moreover, I am more a fan of other cyrptos, mostly Litecoin since its upward momentum since late 2018 has been much higher than BTCUSD. You can find that analysis here: Good luck with your trades and you can find more analysis and content at www.anthonylaurence.wordpress.com