Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Hey there,
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Bitcoin recently broke bearish after creating a fake out scenario, wicking to 12,400. We now got a retest of a major support trendline in bear flag formation. Too many still want to buy this dip, which concerns me quite a bit.
For now the target is between 10,700 and 10000, but if 10,000 is really reached, then I think this will only be very breafly and will create a huge bullish wick and a doji candlestick.