Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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It's not worth shorting so close to what's expected to be the bottom, but longing at this point is likely a bad idea too. I have small bids set around 2800-3050, and will only go long ferociously when I see a pin bar confirmed.
At this point I don't expect a green candle to close above the 3280 area on a high time frame, but if it does, I'll revise my position. Reason for 3280 is it proved a pivot point this whole week.
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I wrote 3260, what I meant was 3280. Reason for 3280 is it proved a pivot point this whole week.