Bitduke

XBTUSD: Climbing to test $7700 area

BITMEX:XBTUSD.P   Bitcoin
XBTUSD turns bullish and climbing to test $7700 area, currently at $7300, in the middle of some sort of new range.

I'm just observing, do not plan to take any action, coz R:R is kinda low and it can be nuked at any moment, so beware.

But overall my bias is mostly bullish. I'd like to buy any significant pullbacks.

LONG: It makes sense to buy near $7150 honestly.

SHORT: Or definitely short from $7700, as a hedge, at least

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Information is just for educational purposes, never financial advice. Always do your own research.

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