BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
Bitcoin             has been on a tear the last week and a pullback after or just before futures trading starts is very possible. As the bottom of the descending triangle is the 23% fib line I would expect a move to the 38% level. The 38% level is a very common retracement level in BTC             bull runs and is also the 4 hour Kijun. A strong move out of the bear trend line would invalidate this pattern.
Well Bitcoin didn't quite reach the 38% level it did hit the kijun as predicted. Traded this and made a bit so I'm happy how it turned out.
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