Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Long BTC @ 6400 (low levels 3-5x )with stop below 6000. The area around 8400-8800 is the liquidity zone which has a lot of orders along with SL's. The volume on the UP move was considerably high(institutional orders) as highlighted while there is very less selling pressure atm. Target arnd 8000-8400.