Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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BTC is falling apart, and I expect a pretty big dump after this level. I don't see 7k holding much longer.
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Ghost feed is best case for bulls. I believe we will hit 6800 minimum after dumping and continued dumpage to at least 5.5-6k before another actual "bull run" is likely. I'm not saying there wont be the occasional 1k scamwick here and there... ;)
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Look for the bounce at 6700, ;) Bear market confirmed, so this will be short lived, bulls dead for now.