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Yuriy_Bishko
Jul 16, 2020 10:02 AM

Bitcoin is looks bearish now... Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

The price broke the support line but didn't fix below yet.
It possibly will show an impulse movement that's why we should pay attention if we are looking to trade BTC.
Have a nice day and lucky trades!
Don't forget to smash the like button! It will motivate me to share more ideas.
Comments
XBTDMT
Bitcoin does not respect diagonal lines, it is either triple top or range lock
Yuriy_Bishko
@XBTDMT, maybe
Novolyus
Thanks for your inputs, let´s meet in the benefits area :)
Yuriy_Bishko
@Novolyus, yeah. let's do it
nrmt2010
Nice analysis. Thanks...
Yuriy_Bishko
@nrmt2010, you are welcome
NumbersAreFigures
Bitcoin has been bearish since December 2017. Its been a gigantic tease since then. Yes it’s been possible to make money with swings but it’s overall been very weak and unimpressive in his it’s volatility has disappeared. Coins like chainlink have been far more profitable and enjoyable to hold. Now bitcoin scammers just got the attention of all the worlds powerful people and gave it extremely negative attention with the twitter hack. It doesn’t seem to bode well for bitcoins future.
Yuriy_Bishko
@NumbersAreFigures, well I don't know about twitter hack) but agree with you it's hard to make good trades with BTC without strong moves
Yuriy_Bishko
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