Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
⋅
This idea is a very vague scenario where I think Bitcoin might be rejected hard. Maybe a decent area for those traders seeking for a lifetime big-short entry spot. This technical insight has been deducted using log scaled chart. To be honest, I personally think it's a very risky idea to search for a prominent short entry. It's beyond human's capability to "predict" (a word that I hate to use in TA world) the future value of anything. Especially recent financial industry definitely made human to feel how vulnerable and weak ourselves are. Don't even try to predict future. It will only make us human being to realize how incompetent we are.
Comment
⋅
By the way, TA doesn't have to do with anything about prediction and forecasting. Unless you are a GOD, it won't work.