https://3speak.tv/watch?v=hooked2thechain/smpuvjhd
Will Bitcoin Break 10k?
Despite my bearish take on the markets in my last post, I have now entered a long position based on recent action on the 4HR time frame.
The Bulls
Support Levels
The important supports are 9460 and 9250. A break of either of these levels will invalidate a 4HR uptrend.
My Bitcoin Long Position Setup
I've entered long positions between 9575 and 9800 with several stop losses set in the 9460 region. I'm targeting 10,500, giving me about a 3:1 risk to reward.