tychelab
Short

Bitcoin Market Update

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
The current range keeps sending signals of a distribution phase. Bounces will be for shorting. This 4H close will print a bullish divergence .

Invalidation point should be daily candle closing above 10300$.

Comments

Hi, Does this still hold true?
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tychelab KT_1993
@KT_1993, Yes. Keep the invalidation point in mind too. The ranging is extended, We'll update with a new idea soon.
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