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SamoSeto
Aug 30, 2019 9:58 AM

BTC waiting for long and averaging positions 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

This week was marked by a decline, due to the smaller volume on the stock exchanges and this is due to holidays. This is a great opportunity for institutions to accumulate positions at bargain prices. This situation is therefore advantageous in the long run. I expect a potential drop to around $ 8,000 worth of it. For this decline, it will be important to monitor the decline of 9053 USD (critical swing). All the movement that takes place is typical of the holiday season. And I dream of the associated decline in volatility and volumes.


Have a nice and successful day :)
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