$BTC / USD 4H "Can chop longer than you can stay sane" ~$18K dip
$BTC / USD 4H Chart
- no indicators
- support levels in green
- resistance levels in red
Bitcoin pushing a breakout of the historic $20K all time high. No need to fight the clear trend here, but try to avoid getting chopped up. I think there is potential for Bitcoin to range around $18K (white box on chart) for a little while before retesting the top of the channel. Chop trading plan - buy the dip around lower $18Ks, ideally play the ATH breakout with a retest of around $20K and then the real fun begins.
- no indicators
- support levels in green
- resistance levels in red
Bitcoin pushing a breakout of the historic $20K all time high. No need to fight the clear trend here, but try to avoid getting chopped up. I think there is potential for Bitcoin to range around $18K (white box on chart) for a little while before retesting the top of the channel. Chop trading plan - buy the dip around lower $18Ks, ideally play the ATH breakout with a retest of around $20K and then the real fun begins.