BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Bitcoin seems to have found a floor at the 10k zone. We are now seeing new structure and significant breaks. There is a long road ahead to making new ATHs but I can see in the short term lots of potential for a good push.

Please have a look at a short term long position. There is also a potitential for a short aswell but this is depending on the buyer momentium. (keep a look out for candle body size approaching the supply zone .)
Trade closed: stop reached: As much as I wish bitcoin was not corrlated with financial markets time and time again proves that iw very much is.

Looks like at the moment of this trade there was a dump of the S&P.

Comments

Thanks for sharing ++
+1 Reply
Wait at least until the markets open in a few hours to base a floor on as its too early still
+1 Reply
@six19trading yeah good advise. didnt see the S&P500 getting dumped.
Reply
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