BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
RSI on daily and MACD look quite bearish to me.

BTC needs more momentum or it won't hold up there.
I'm looking for a short entry if things stay like this.
Do yourself a favour, set your chart on weekly and keep an eye on the doji forming.

The higher it goes in this condition, the harder it will fall.
When institutional investors step in, you'll notice: they won't buy your top, they will make you sell your bottom.


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