BITCOIN / TETHER Standard Futures
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BTC UPDATE

163
Currently #Bitcoin is heading for a correction.
Reasons being that;

BTC inflow is HIGH
BTC trading at overbought range.
Theres a CME Gap at 19.9k - 20.8k
The dollar index(DXY) Reversal

Hence Bitcoin is looking for healthy correction here..

Anyone looking for a Short opportunity should consider placing a short at these ranges

Short BTC : 20800 - 21800

Target : 19600 - 18400

Moreover, fundamentals are rekt as SEC is still investigating DCG, Gemini and Genesis.

One word from the SEC will crash the market down more than expected.

So trade carefully champs!

#ReNLoG

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