truecodecapital

Always watch BTC on the 4-hour chart

Long
BITSTAMP:BTCUSD   Bitcoin
If a breakout is going to happen, it will happen here first. Then the breakout flows through to the longer timeframes.

It seems like four hours is about the sweet spot for BTC. Long enough not to get faked out, but short enough to react quickly.
Comment:

It is retesting the SMA(20). Will be constructive if it holds.

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