High probability bullish setup of Bitcoin on 4H Chart for BITFINEX:BTCUSD by JICPT — TradingView


That’s right! My previous ‘Two short setups of Bitcoin on 2h chart’ ended in failure. After reading some research paper, I found out that bitcoin is not what it used to be. Now, it’s regarded as the must-have asset by professional portfolio managers.

So I would be cautions to recommend short setups. As price created a new higher high, I came up with this bullish setup on 4H chart. It got fib as well as other odds enhancers that I wrote on the chart for reference.

Hopefully it works time. Trading is just a probability game…please manage the risk and don’t loss over 2%/trade.



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