ScalperSheng

Daily Close XBTUSD

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BITMEX:XBTUSD.P   Bitcoin
Anything can happen in Goblin Town.

Right now, we are sitting at around 8122. The 200 daily MA is at 8332. This previously has acted as a very strong support/resistance. Go check it out for yourselves.

We can either close above it for the daily close (in a few hours), Or we will close below it. Indicating something very bearish. CME futures ends tomorrow. Gap @ 7.1k
The last time futures ended, we saw the start of this bull cycle. It would be in their best interests to lower the price so they can scoop of btc for cheap.

I am not sure what will happen. I will keep my position dynamic, altering based on new information that lands in front of me. Excellent opportunity for Scalps.
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