MatTheCat

Bitcoin looking ready to explore bottom of range (SHORT)

Short
BITSTAMP:BTCUSD   Bitcoin
Whilst Bitcoin still has to be considered to be in a bull trend on the Daily timeframe, the 4hr chart indicators are showing signs of breaking down. The likelihood is that Bitcoin has entered a range, and needs to find support at the lower end of the range.

Trade box is demonstrative only. Do own due diligence on 30 min charts for entries.

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