We are approaching the close of the European session in the bitcoin price and one look at action throughout the day reveals that there has been very little worth trading We defined a relatively tight range earlier on this morning as a return to our breakout strategy but price has traded pretty much flat and well within our range throughout the entire session This sort of flat action is very difficult to work with as it is indicative of indecision Indecision pretty much always translates to false breakouts which in turn translate to choppy and unpredictable action On the bright side it makes our analysis this evening all that much easier We dont really need to do much jumping around other than perhaps tighten our range a little to increase the chances of a break and in turn a sustainable move So with this said and as we head into this evenings session what are we looking to trade in the bitcoin price now and how can we use action today to alter our strategy going forward Take a quick look at the chart below to get an idea of the answer to these questions

Robert Kiyosaki the bestselling author of Rich Dad Poor Dad has predicted that the price of bitcoin will increase to 12 million within five years Kiyosaki revealed that he bought bitcoin at 9000 adding that he may buy the cryptocurrency again today or tomorrow just because Im more bullish on it

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We are approaching the close of the European session in the bitcoin price and one look at action throughout the day reveals that there has been very little worth trading We defined a relatively tight range earlier on this morning as a return to our breakout strategy but price has traded pretty much flat and well within our range throughout the entire session This sort of flat action is very difficult to work with as it is indicative of indecision Indecision pretty much always translates to false breakouts which in turn translate to choppy and unpredictable action On the bright side it makes our analysis this evening all that much easier We dont really need to do much jumping around other than perhaps tighten our range a little to increase the chances of a break and in turn a sustainable move So with this said and as we head into this evenings session what are we looking to trade in the bitcoin price now and how can we use action today to alter our strategy going forward Take a quick look at the chart below to get an idea of the answer to these questions