Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Bitcoin has broken above Daily resistance. This level has been now turned into support. This may result in another leg up if we are able to take out 4025 and close above. As long as we remain bellow a break bellow the support would indicate a fairly safe short position. General bias is bearish. Reaction on the support was not strong enough to invalidate this.