Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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Hi guys,
possible scenario: this is starting to look like Wyckoff Distribution Schematic #2 where I think we are heading down south for another leg back to our previous support at around 8.6k range for Phase E, however the overall picture on the higher timeframes are still not that bearish... definitely with the Stocks market (Nasdaq mainly) leading the pack and going up can't be too bearish on things overall, which is also valid for Bitcoin as some of that printed FED money surely has to go into Bitcoin as well but in the more short term timeframe, still expecting another leg down for now
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