BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
BTC price has yet to retrace significantly while it has paused at notable resistance. Price is expected to decline to the high volume node below.

Stochastics and RSI suggest the turn over in trend. We are watching for them to bottom out or reverse along with price action.

If BTC drops below $11,385 we expect it to trade between $10,600 and $10,950 and become a potential BUY.

Have any questions? Leave a comment down below.

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