Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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After the Head and shoulders formed at the top almost touching the final high Resistance since 26 Jun 19' @ 13920 (XBT) Looking for this Bearish dump to be over and we are still in the Bullish channel towards new highs of last 2 years. This means we might even see the 3 years highs soon.. stay tuned!
As we see there is PayPal coming in and many others will start getting in sooner better then later. #BTC is now Safer for big companies than the traditional currencies.
**Disclaimer** This is not a financial advice/service, this is pure self TA done by watching out for the charts and the patterns.
In short Do MORE of your own research before following anyone.
Comment
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#XBTUSD #BTCUSD #BTCUSDT
I took the short after the head and shoulders pattern formed confirming the Bearish divergence forming on the RSI and the volume was somewhat high.