Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Having reached the levels I was watching on my last chart, I would be tempted to short. However the way we came up, in this slow upward movement, makes a case in my mind for continuation. There are 2 levels I'm watching on a high time frame and I believe the price would want to gravitate towards that. The first level is the top of the Bollinger bands on the weekly and the second one is that weekly pivot on the chart. That's pretty much it, I see no reasons to consider a bearish scenario right now.