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ridethepig
Sep 25, 2019 3:14 PM

The "Bakkt" Floor Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Here we are tracking a bounce from the Bakkt floor after a massacre yesterday. Large hands flushing out all the soft retail traders who got caught offside in the middle of wide chop.



The mid-long term charts are crystal clear, as anticipated we found a strong bid from the beginning of the year; breaking 6,200 unlocked the all time highs.



For the flows we have 8130 => 11,635 with reassessment only necessary below 7,000.


Thanks all for the support with likes and comments.

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Comments
TeddyBands
nice
ridethepig
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