BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Let's keep this one simple for now...

Overbought RSI & Stochastic that will turn over
Large volume void below 11385 that price can slip right through
Price fighting with critical trend resistance after mega uptrend

However - the BTC afterburn can activate and price may break through $12,200 resistance. Should that happen BTC becomes a buy as we would enter a larger positive trend.

This chart is a follow up to our previous short on a larger time frame:

Have any questions? Leave a comment down below.

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