Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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7/6/2018 market update:
The market pushed upward as expected at the New York open offering an opportunity for shorts in the 6600s. I believe a bullish retest of the lower 6000s is necessary to help propel bitcoin to that 8400 target mentioned previously. The chart shares my thoughts for a flip, scalp short. Optimal long entries will be presented in that lower 6000s depending on the price action.
Comment
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Possible we test higher. The price closed bullishly above support so I’m placing shorts higher up and hoping to catch a nice entry for this trade