Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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XBT moving within the channel now. Break-out could mean bull or bear. In my opinion, we are on our way back to 6K now. Long term is bullish with the weekly MACD cross-over.
Comment
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Still within the channel - BTC behaving like a tossed up coin at the moment.
XBT much within the channel above. Downtrend will continue until we hit about 6.2 to 6.3K before the next pump. Short pull-back possible at strong support levels but won't stop the bears.