Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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BTC - Some thoughts - Overall, this is where I would expect price to have settled on the drop - Wold be a fairly routine "retest" if this low holds in the green zone - However, some concern looking at VPVR: - Typically want to see volume below > than volume above before a move - Currently worried about large volume shelf in $6400 area - Expect another prolonged period of sideways accumulation if we are going to manipulate the volume profile in a positive way