Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Bitcoin (BTC) has got finished the local correction and almost came back to the crucial $12.000 level. From the technical point of view, the long-term trend remains the main trading idea, however, to keep the growth, bulls need to fix above the resistance line of the Bollinger Bands indicator. In case of a false breakout, the rollback may happen to $11,000-$11,250. But that will be a part of a correction phase, not a start of a bearish trend.