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Make Poppa Proud and Get the Trophy Bitcoin!

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
BTC 3.47% could be seeing some support in the 6100's but the resistance at 6800 is strong. Looking for rejection at that level, and down to 57xx

Happy Trading!

Mattertea
^^ I hope it doesn't since I am short on this level!
Anyhow this 1H uplift kinda confirms a "Bull Flag" type of formation.
But it is possible it stops at 6600 due to the spike in the orderbook which is confluent with a 1.618 extension of the previous structure.

All in all, I think your TA will be right, time will tell!

Cheers
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