Once again 4-hour chart for Bitcoin sorting out bullish regular divergence on RSI and price action showing a high possibility of forming a symmetrical triangle! If so... Wave E is coming and then we will see what happens.
Would be healthy for the chart to drop to 8000 levels, but the symmetrical triangle can go in any way as a neutral pattern.
While Bitcoin trading sideways, it is good for altcoins, but be prepared to raise your stop-loss for alts, cause soon major movement should happen and it would be better to hold Bitcoin rather than alts...
Just be careful and be ready to react.
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