BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Time to collect my thoughts on BTC after this massive (30%+) weekly candle that broke out of the falling wedge .

I ended up closing my short at the bottom of the move (around 7.4k) on the basis of an unfavorably evolving risk-reward. It just wasn't a good idea for me to long there.

After the big move to 10.5k, I was set out to long the retest of the broken trendline , which I did at around 9030. I am very bullish on BTC and will either average down a long entry position or add to it as BTC moves higher.

I am expecting a long sideways consolidation from BTC . Still putting most of my attention on alts.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out