Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Hello everyone, I have been analyzing BTC's trend and went back months ago since it started a very consistent bull trend and creating multiple trends way more aggressive that we see today.
December 11st, BTC arose to the ATH area for the second time and it bounced back making us believe that could have been a possible Double Top.
Even though we can notice a huge Bullish Flag on the daily chart it seems to have started a downtrend as you can see below.
Thank you for taking a look at my idea, I am not a PRO and I suggest you to take it as a complement and not a professional advice.
Trade responsibly and remember the risks.
Good luck all!
Comment
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Seems like we reached bottom earlier than expected, the thing now is: is it over? should we start seeing a new wave being built?