Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Expected Wyckoff markdown of BTC did not play out (or as much as I thought it would. Expecting the next 48 hours to be key; IMO A break above 8800 would bring hope to consensus moon, but if it fails i'm expecting lower lows into the 7000s. Currently in with small long positions and will flip to short upon breakout below 8150; will add more as reversal becomes more evident.
Trade active
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70/30 short to long now; will market eject short if 8800 broken and possibly open a long there too