Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Bitcoin has just broken above a downtrend in what looks to be the first bullish pressure in a month. We see Bitcoin coming back down now into the high 8000s to retest the breakout that has just been made, before bouncing off and proceeding further towards next resistance. Look for bullish indications at the retest point for a Buy entry.