BTC looks like bearish this weekend
This week BTC lokal price reached the high of 35500 and couldn't breake the downtrend line. This local high now looks more like a bounce from last deep.
Today is the date of futures experations on CME. We think that this bounce was made specially for big capital to come out as profitable as possible.
Scalper Season analytics have an idea that BTC sale is still not over.
We can see new serious support level at 28500, so BTC can easilly retest 31000-29000 in few days.
Next week will be very important for bulls. If there will be not enough buying interest, local downtrend will continue.
Today is the date of futures experations on CME. We think that this bounce was made specially for big capital to come out as profitable as possible.
Scalper Season analytics have an idea that BTC sale is still not over.
We can see new serious support level at 28500, so BTC can easilly retest 31000-29000 in few days.
Next week will be very important for bulls. If there will be not enough buying interest, local downtrend will continue.
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