$BTC / USD 4H "Can chop longer than you can stay sane" ~$18K dip

4 thg 12, 2020

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.