Bitcoin is currently showing 83% are long in the derivative markets. This means too many are long and we expect a contrarain move to the downside at the Fibs 61% level. This is a short term trade idea using heavy leverage for short term gains.
Trade closed manually
Targets reached to $97,300 and not $97,138. Trade closed with stop loss moved into profit. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.