Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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I cannot bring myself to reenter at these levels so I will patiently wait for a decent correction. But when will it happen? Here a first possible (and quite bearish) idea. The correction that I'm waiting for is a retrace to the 0.618, 0.5 or 0.382 levels from the start of the run to its top. In this case it would be 10350, 9000 and 7500 seem all to be good support levels for the past run.