Bitcoin (BTC): Nov 21 2014

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btc nov 21

The 4H chart just broke out, but don’t get excited yet. There is little TA to show it past 370 and it is currently in the weekend sell off phase. Look to short near the upper trend line

The 1D chart (below) still looks to be playing out. It is rare for there not to be a protracted dead-cat bounce. Even if sub $350BTC continues keeping above roughly $320 would still play into this scenario moving into early December.

BTC nov 18

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