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ReNLoG
Mar 2, 2022 1:06 PM

BTC SHORT TERM OUTÑLOOK Short

Bitcoin FuturesCME GLOBEX

Description

BTC is currently overbought and needs a pullback to retest 41K-42K for much stronger upward move ahead. You could also view through the CME gap around the 42K which we expect to fill before the weekly closing(Friday).

At this point I will be opening a short position around the 44k-45k targeting the CME gap around 42K.
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