XBTUSD 1D BITMEX
Updated
*my only bearish case for Bitcoin
lots of money shorted 6K but didn't bought back @ 3K cause waiting for a lower number, they never had the chance to buy back, those money are patiently waiting in the sidelines and will not miss the opportunity again
it would be smart if you place bids under 7K but not lower than 6.6 (everyone waiting for 6.4, it ain't happening)
*bearish in short term, but just to remind you we are 6 months away from the halving event and:
1. There will be a pre-halving pump (2x)
2. There will be a halving dump (-45%)
3. Volatility will be extreme ($700 hourly candles)
4. There will be a post-halving pump (7-14 months)
5. There will be a new ATH (60-350K)
lots of money shorted 6K but didn't bought back @ 3K cause waiting for a lower number, they never had the chance to buy back, those money are patiently waiting in the sidelines and will not miss the opportunity again
it would be smart if you place bids under 7K but not lower than 6.6 (everyone waiting for 6.4, it ain't happening)
*bearish in short term, but just to remind you we are 6 months away from the halving event and:
1. There will be a pre-halving pump (2x)
2. There will be a halving dump (-45%)
3. Volatility will be extreme ($700 hourly candles)
4. There will be a post-halving pump (7-14 months)
5. There will be a new ATH (60-350K)
Note
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