Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Still looking for a 7k bottom, but not ruling out a wick to the bottom of this monthly breaker, which is approximately the same price of production for mining 1 BTC after the next halving....already priced into big miners' bottom line.
Rather than simply flipping long at 7k, I will be opening hedges on Dec Futures from 7k and down, just incase we wick a bit further.