BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
All supposed behaviour of masses inside demand/supply areas based on signifincant support/resistance trendlines with time fibs. This chart can be used to compare with your targets.
Comment: If the price gets closer to reddish orange zone, it'll still face quite significant resistance. However, if the price stabilizes around purple area at 0.618 level and then breaks above red downtrend line getting into greenish zone of general demand levels - I'd long.
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Comments

Thx ~
+3 Reply
fract SENUD
@SENUD, No problem.
+1 Reply
Totally agree with you.As I’ve been saying since while ago that when it hits around 7300 and rise,it would be beautiful rise.
+2 Reply
fract Seb333
@Seb333, we'll see what happens within this scheme and we'll definitely make some logical deductions.
+1 Reply
agree with you +
+1 Reply
fract overall
@overall, I confirm
+1 Reply
overall fract
@fract, )))
+1 Reply
Hopefully bottoms out soon and we can start trending upwards with the incoming halving
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you long?
Reply
fract mattgetsbarreled
@mattgetsbarreled, The more it drops the more I’ll buy in order to exclude missing the cheap stage of bitcoin. At this point of time I’d do partial accumulation periodically, hence I’ll have significant amount of fiat left to cover the risk of losing because of supposed further decline. Therefore, I will not miss the chance to benefit in terms of long-term trade.
+1 Reply
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