Like we called it yesterday, bitcoin showed some direction by breaking out of the downtrend line again and started trading above 4400. There are some bullish chart formations as well as some bearish ones.
I am waiting to see if we start trading above 4480 – 4500. I will look to trade the breakout above 4500 as well as going short again if 4300 breaks. Please bear in mind my trades on the BTCUSD market is usually for the short term.