BTC Perpetual Futures Contract
Short
Updated

BTC is consolidating towards 54-56K before a new leg up

358
BTC is out of gas and is gonna regroup itself at 56 or 54K demand areas. Alt weekend is on!
Bearish signs all over; no higher highs, MACD cross, RSI turning downwards, the bears can have a little fun for a few days.
LAST NOTE: future gap is at 54050-55K // thats the main target by next Monday.

IMPORTANT: this is not financial advice, trade or invest at your own risk.
Note
BTC UPDATE: BTC dropping to 54K exactly as expected. Lets see if we hold support there, very bearish market indicators at the moment. DXY up, Pi cross, head and shoulders; at the very least we need this correction before thinking about any new ATH.

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