Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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For those who has been around awhile you remember last year between august and september we went up to 5k back down to 3k then never looked back to 20k. I have to put a lot of weight on these levels as being important support levels but a sign that we maybe nearing the end of this bear market at least for price action is concerned. Time I think all depends how we react here at these levels do we have a sharp sell off followed by a good bounce not only on btc but around the market or do we fall into this range from a year ago. I will be looking to try to find some swing trades probably on alts using btc movement to trade direction,
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zoomed in. The temp bottom is very close to the trend lines based on AUG-Sept 2017 ranges
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these horizontals based on over a year ago are really acting on the current price
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wowo I nailed that range it dead stop at the4300 then sideways then dumped to 3500 as predicted on nov 20th