June 15, 2026

Hang on folks, this may get ugly.

Hang on folks, this may get ugly.

Hang on folks, this may get ugly.

Hang on folks, this may get ugly.

Bitcoin / US Dollar Perpetual Inverse Swap Contract BITMEX:XBTUSD
DelRi0


Hang on folks, this may get ugly.

A very basic and simple – yet very telling – monthly log chart with a superimposed S-curve alongside simple trendlines of support and resistance seems to indicate Bitcoin may be preparing to retrace to the $3,500 range before we see anymore blue skies. Stay alert, set your stops and make sure you’re taking profits when you can! Don’t forget to pay yourself! Happy trading – Happy Days

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