Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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For all those tracking the previous daily BTC chart we have an update here again; it's loading time once more for those who are aiming at the $17,127 extension target. This will confirm the nature of the move as impulsive rather than corrective and unlock a break of all time highs at the end of the year.
On the fundamental side we have risk off flows continuing with no signs of abating; CNY will remain under pressure keeping BTC in bid. Eyes on another test of $13,425 for the monthly close.
Best of luck all those holding BTC for the summer.