Bitduke

XBT: Short Resistance

Short
Bitduke Updated   
BITMEX:XBTUSD.P   Bitcoin
Bitcoin is approaching ~ 8k resistance zone and there is a CME Gap at ~ 7.7k-7.6k (it get filled with 97% chance) CME thus we have a simple short idea.

But we must not forget that the BTC bulls began to show strength, so the stop should be tight.

Information is just for educational purposes, never financial advice. Always do your own research.
Trade closed: stop reached:
stoped out on pump to 8400, -2.2%

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