Bitcoin 4 Hour Inside Bar
We are watching Bitcoin and waiting for a break of the 4 hour inside bar to provide more clarity. A bullish break of the inside bar could be played with a stop buy or market order on the break. If the bar breaks bearish look for a bounce play. Most importantly, place a stop loss on all your trades.
The inside bar on the 4 hour chart forms a tightening equilibrium pattern on the shorter time frames: