Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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Hi everyone,
as we can see, BTC is having very nice days! Shorts are slowly vanishing. What we can expect in the upcoming days:
1) We are now in the zone where you can possibly short BTC with a tight SL. The next target for shorts would be around 6K.
2) If BTC breaks this resistance line it will fly to 8,000 and you do not want to miss this chance to get some profit from this "bull run". The problem is the psychological resistance lines where people are scared of them as they all think it will fall. And of course, it will fall them,
3) If we get the information that ETF was denied again I personally think we can fall to 6K and lower!
Bear the information with you guys. Do not make any stupid mistakes in this volatile market as it can cost you a lot!