Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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BTCUSD with an underlying bid tone trickling slightly higher and completing the second targets in the sequence. For now though, I am happy to continue fading intraday dips in BTC and look to re-instate longs around 9360/9400.
The unhealthy collapse in consumer confidence in the public sector will continue adding to the brighter picture for BTC. Gold and BTC look cooked to outperform in a Sovereign Debt Crisis.
Well done all those riding this one.. a clean and straight forward move so far. Thanks for keeping your support coming with likes, comments, charts and etc!
Comment
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Eyes on $9,400 and $9,360 today for the NY open ... Will leave pending LMT orders just in case.
Soft support still holding! Would love to add more to short a bit higher, just republished my weekly view, come check it out... previous was violated sadly(
Padlomfaan
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Will Dash ever get moving higher? If so when?
AboveDuality
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Ain't lettin us buy cheap !
Padlomfaan
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when you say "endgame" what do you mean exactly?
ridethepig
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The final chapters in the economic cycle @Dashtothetop
Padlomfaan
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@ridethepig, Materially what does "The final chapters in the economic cycle" mean... Mass starvation, global unrest... or just high unemployment for a period of time before the next cycle begins? I see you mention sovereign debt crisis. What does this mean for the average Joe, and what should the average Joe expect, whether it be from the government, big corps, banking abilities,.. More details would be great.