On the 4 hours chart attached, Bitcoin is still a few pis above the daily support level 5877.68. We expect a possible rally towards this support and even a breakout to the lowerside. According to the 4 hour chart above, Bitcoin is likely to traded within a wider range, not going above 10073.03 or below 5776.94. If there should be any breakout, then we’ll look for a trade in the direction of the breakout. At the moment, its good to remain on the sideline. However, you may still look for a buy position on a bounce from 5877

Flat

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