Bitduke

Bitcoin - Ranging, Volatility spike soon

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BITMEX:XBTUSD.P   Bitcoin
Nothing happens, on HTF bitcoin is slowly moving in the middle of the big range between $10k and $8.6k, printing wicks up and down.

I think it should be resolved soon, but how "soon" and which direction is not clear.

I'm in a small long from $9375, waiting for the bullish or bearish confirmation.

I think volatility will explode soon, so I'm observing MOVE contract on FTX for a short volatility scalp trade.

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

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