Bitduke

XBTUSD: Price bounced off support, what's next?

Long
BITMEX:XBTUSD.P   Bitcoin
Bitcoin bounced hard off support a couple of hours ago and returned to $8800. I did not put bids, so out of position at the moment.

Bitcoin was bought quite brutally, and based on this, I assume that most likely it will test resistance at the $9000 area, than continue to fall.

Placed some bids at $8500 will try to "catch knives".

Hit the "LIKE" button and follow to support, thank you.

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

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