Bitduke

Bitcoin - Correction or Trend Change?

Bitduke Updated   
FTX:BTCPERP   Bitcoin Perpetual Futures
Bitcoin slows down its victorious march it seems. It's ranging now that opens up a wide filed of opportunities to enter positions. This of course can be top and it will go further down but I believe it will range a little (+ take a look at these shadows - buyers are still here).

Currently I'm long (risky option on the chart). I think we bounced off $17.5 and will test $18+ one more time. If this idea fails I plan to long lower (around $17).

Besides, I'm looking for scalp short at $18k resistance.


Information is just for educational purposes, never financial advice. Always do your own research.

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Trade closed: target reached:
+5% closed at $18.3k

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