argenistherose

If bitcoin breaks higher, I expect price to so $57000

DERIBIT:BTCUSD.P   BTC Perpetual Futures Contract
Since the beginning of the bear market Bitcoin has been making LH's on the HTF. So we can assume we're still in a bear market. There have been some rally's along the way but 50k is a big area of resistance and if we don't claim this level I expect a major move to the downside over the next month or two. We're currently sitting at a nice VAH area there's lots of demand for prices lower around the $35k region.

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