Bitduke

Bitcoin - Relief rally and more downside?

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BITMEX:XBTUSD.P   Bitcoin
Currently the price is on the cliff, tries to stay above $9000 level which has been tested many times before.

I think we still have decent chances for more downside. Short-term market structure isn't really bullish - each new local maximum is lower than the previous one.

So, I'm waiting for a scam pump over the weekend to short it short-term. Mid-term I'm still more bullish.

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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