BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Lots of positions were closed & entered here, whoever did the dump made tons of money.

It looks like these positions may take us higher. I can't say for sure because it's early, but it looks likely.

Bitcoin should go up in the long run, these moves don't matter at all if you take that into account.





Comments

dang that looks like a raid above the highs, not gonna lie
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Xzhi deliciouspodo
@deliciouspodo, We'll have to wait a bit and see.
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@Xzhi, also too many bulltards on Crypto Twatter at the moment. I would love to see them get punished :D ...
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Big ass hidden bear divergence. Shits gonna hit the tank
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Xzhi CrypTorre
@CrypTorre, possible,
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so many words without any TA...
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Xzhi elTyy
@elTyy, Over time I've started to lean away from the TA you see on tradingview that involves drawing lines, arrows, etc.
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