A little BitMEX speculation. Take it for what you will!

I find market sentiment towards XBTUSD bearish. Every time we see a pump, it is small. Perfect for grabbing a good short position. I see XBTUSD dropping to 5500 or below in the next couple of days.

Trade active:

Now is a good time to accumulate a higher position for your short to XBTUSD -5500. Make sure you are setting proper stop-losses (limit to reduce fees) or set a stop loss limit to secure profits.

Next Target: 5900

Comment:

pitchfork upward trendline broken. Hopefully upi set Topr profit loss and stake profit stops. I have closed this short. Cheers.

Comment:

Can't believe I thought this was bearish. Live and learn!