Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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This push up seems a bit "out of nowhere" and could be just fomo on the recent coinbase news. If we manage to hold the > 6800 range we might spend the rest of the month in consolidation waiting on the ETF news. To confirm price movement we kind of just have to wait and see if we can have a clean break through that 7700 resistance.
On the bear side of things, there appears to be a bear flag forming on the weekly and we could see a drop down one last time to the sub <5000 range but I'm not sure I fully believe that right now. Good luck everyone!