BTCUSDT Perpetual Contract
Updated

btc 5-5 update ~

2 056
good morning o/

there's a very high likelihood that bitcoin has topped out locally.
if it did, a drop to 35k is expected.

there's also a very slim chance there's one more leg up to roughly 40700~40900.

weather the top was in, or there is one more more leg up
i expect a drop to 35k at the minimum once it breaks in the days ahead.

trade safe, and best of luck 😎

ps. i'm chilling in cash for the time being, will wait for 34.9k to buy back in.
Order cancelled
looks less likely as of this moment that there will be another leg up.

snapshot
Note
risky long at 34.9k
tight stop on that

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