Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Over the weekend, bitcoin faced a very big challenge, with the wma36 (weekly moving average) at $7,828 and the current price at $7,900, very close. If this week's close can not close high, next week's opening face below wma36 situation, so the short term we have to be very careful, although we see some signs of deviation in the time chart, but it does not mean here can be easy to do long, I do not think here is safe.
Any judgment on the left is subject to unpredictable risks, and such risks can sometimes be fatal, as they were in November 2018.