Bitduke

XBTUSD: Catching falling knives around $6500

Long
BITMEX:XBTUSD.P   Bitcoin
Bitcoin chops on left and right and struggling to exit $6666 area again. Have no idea when this chop will end, but I thought it should happen soon because volatility on the lows despite the last mini pump $6900 - $7200.

I see real buyers around $6550, so it may work to try to catch 'falling knives' in that area with tight stop, 'coz if it dumps further it could go $6400 and lower.

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Information is just for educational purposes, never financial advice. Always do your own research.

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