BTCUSD Perpetual Contract
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Long the pull back

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Bitcoin has had a neck breaking run up. It caught most people by surprise. I would say most people assumed bitcoin would pump if Donald Trump got elected and that narrative played out. I myself did not expect such a massive rally. It seems that we now have some structure building. We touched 90k on some exchanges. I think its reasonable to assume we get a pullback to the golden pocket which also aligns with the CME gap. This area also coincides with a high volume node.

If price gets around that 80.4 to 77.8 area. this is prime long opportunity. Mark it on your charts and be prepared to mash the gas on longs in this area.

If this plays out its not a bearish case. So please keep in mind a pullback like this would not make things bearish it would simply be playing liquidity to liquidity.

Good luck fellow traders i hope you kill it.

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