Hi, Traders ! **Monfex** is at your service !
Bitcoin’s price action is unfolding inside the contracting triangle H1 formation. We keep an eye on the direction of a break-out: [https://uk.tradingview.com/chart/BTCUSD/3nhKKfkQ-The-picture-becomes-clearer-Bitcoin/](https://uk.tradingview.com/chart/BTCUSD/3nhKKfkQ-The-picture-becomes-clearer-Bitcoin/)
**General trade guideline**
**Buy** if breaks-out above $9,600.
**Sell** if breaks-out below $9,200.
Buy Target: $10,500 (Nearest) / $12,000 (Mid-term).
Sell Target: $8,500 – $8,600.
Stop-loss: 200 b.p.
**Watch for our Updates to get real-time superior signals!**
GOOD LUCK AND LOTS OF PROFITS !!
*DisclaimerThis report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.*