Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Tomorrow bitcoin needs to make a decision. Falling wedge target around 9.3-9.5k. Big resistance at ~9k due to EMAs from multiple timeframes. Going down I'm expecting a double bottom, but we could reach the golden pocket of the bullrun from 6.5k, at 7650-7780
Comment
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It seems my time schedule was slightly too tight but the price movements were spot on. We started to go downwards. If it doesn't drop further this could be a bear trap and the bounce will be epic.