Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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BTC / USD TA
We have three very interesting patterns, two of which are bullish, one of which is bearish and we are also working with overwhelmingly bearish indicators which have not stopped Bitcoin from doing a pump and dump thereafter.
What can we really expect to happen?
Well it's 50/50 at this point. You will even see that from looking at different TA 's - no one really knows but everyone has their own bias towards where Bitcoin will go in short term.
One thing is for sure, we had more bear signs two days ago compared to today.
Bull Scenario - we breakout with out target being above $6,000 - $6,400
Bear Scenario - we break pattern and target $4,700 - $4,800
Comment
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BOOM
Trade active
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LONG on BTC - 88% in profit
Comment
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LONG on BTC - 88% +
Trade active
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Comment
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300,000,000 Tether printed - I'm assuming that we will resume this bull run after small correction