Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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A critical moment for btc here. Good shorting opportunity of the 9 on a 4hr timestamp to retest the bottom of the channel. After that, if we break out of the channel, the 4.8k price will be retested and eventually, the low of the year (3.1k) will also be retested. If price continues in the channel to the upside, I expect a 5.8k-6k retest, then back to lower lows.