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SpawnyXBT
Aug 24, 2021 2:16 AM

[BTC-USD] - Bearish Divergence on 12h Short

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

- Bearish Divergence
- 27th August Option Expiry
- 27th August FED Hole Meeting

Trade active

Lets see if we break the trend line :)
Comments
TWIMARKETCAP
Tether has printed 3 billion in the last 3 weeks, I will say that they will pump BTC to new highs soon. What do you think?
SpawnyXBT
@TWIMARKETCAP, Sure that is possible but mostly was not put in circulation . I think its liquidity provision for future dumps as the liquidity is dried up to maximum.
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