BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
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On the 1 hour XBT/USD chart, we can see the second descending channel break clearly with price action now attempting to create a small bull flag just below the 200EMA. The volume appears to steady with no real jumps during this breakout. This suggests that Bitcoin bears are really struggling to build up momentum inside this time frame.
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