kunal00

$btc holding 4000 short on hourly.

BITSTAMP:BTCUSD   Bitcoin
$btc starting to build some support in that 4000 spot. If you can see that hold and start to form bullish patterns on smaller timeframes you can start to see a long trade develop. the pullback for the most part has been orderly and natural from 5000 to this 4000 spot which indicates its more of a profit taking event then liquidation.

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