Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Bitcoin looking more positive for another leg now, also the XRP news / dump means some of that money will be going somewhere and I reckon BTC, LTC and ETH will be the winners, in that order. I drew a load of trendlines for BTC, trying to predict where this rally might top out - all of them have been flipped and the last one is at 30k.
Who knows how far this will go, I don't see it going much beyond 30k but I said that about 20k when BTC was consolidating just underneath. I'm long now (just spot) but hoping for a dump and some sideways PA into Q1 2021 so that alts can have a run.