Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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BTC is moving toward the resistance line and set for a showdown. Price action broke down to the 200 day MA and then quickly recovered back to 8742 moving toward the HOD at $8888. If we break out and close above resistance it will be a clear sign we are moving toward the 9000+ level. If this breakout fails then we could see the predictions of BTC at $5000 become a reality.