This chart seems to be playing nice today. Not sure how I feel about the triple bottom formation, BTC seems to be on a pump, but I don't believe it will help us drive up our Sat value much keeping tops in line. .225-.255 seems like a fair place to be in trading today.
Some ideas on what's happening.
To me is seems anything that sticks below .241 is in danger of resetting in the .18-.20 range. There is potential to break away from this and retest the .27s and up, if BTC makes a move to 37K, but honestly, I'm looking for the WTF dip, buys set from .18-.23s.
Conclusion, we can wait for a better price, its not going to run away...
Approaching our decision point, personally I feel like the price will be taking a dive at this mark into the next trading tier below, .23s-.26s.
Staying cautious.
