BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Here tracking the current floor in BTC as a good opportunity to begin working the bid. The early bulls before Bakkt have been cleared in a healthy range reset, shorts will begin covering and long term holders are once again ready to add bullish exposure.


After clearing the targets for those following the previous flow coverage we are set to begin building a floor. I am actively buying 8130 with a 7000 hard stop and 11,635 target.

On the technical side we are oversold into support, a very good time to be a buyer.

Good luck all holders...Thanks for keeping the likes and comments rolling.
Trade active
Trade closed: stop reached

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Comments

Hi, great content.

Why are you thinking that we will go to 20k?

Would be happy about clarification. Thanks!
Reply
heish heish
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