BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
The struggle is real, bulls keep on squeezing. I am not bullish on Bitcoin at this point. The volume stinks and is getting lower and lower but the price is moving up. I see two potential targets before the bears step in. It looks like bearsss are luring in buyers with this move upwards but it looks so weak. I am not bullish until we past the resistance at 7100-7180 level. I would be looking at shorting opportunities at that resistance level and see what happens. Currently I would stay out of trades at this zone.

Comments

I am 100% with you...same feeling ...71xx and then drop
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