BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
After a sudden drop from 12,000 a couple of days ago, the price has calmed down a bit and is now moving in the range between $11500 and $10800. Currently in the middle of it.

From the one hand, this sharp rejection could be a start of short-term bearish reversion, but on the other hand, it holds strong, constant prints of $120MM Tether, at least 3 days in a row and Dave Portnoy express a desire to understand today how to buy bitcoin (weak statement, but it could lead an army of Robinhood traders to the crypto.

Currently without a position, buying down wicks into $10800 zone and selling $300-400 higher, i.e small scalps with relatively small size.

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Information is just for educational purposes, never financial advice. Always do your own research.
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