#Hourly: Bitcoin and The Halving

The range was formed and its average = $9010. Buy on retest of the middle and when the price is higher than $9500.

Partially sell on retracing the middle line and going down, sell below $8500.

Wait while the price is in the range of 8500-9000. Retracing of the 9300-9500 zone and going south = sell.

Targets = $7600, $7100.

BTW. There is a gap on CME. The market closed above $10000 on friday but the current price is about $8800.

Opening a short wasn't a dumb idea.
Time to watch.

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Bitcoin (Cryptocurrency)bitfinexBTCUSDTrend AnalysisXBTUSD

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