BTCUSD consolidating. Waiting for a genuine breakout...

Whichever way you look at it, Bitcoin seems to be consolidating. Seems like we just wait for a breakout signal to learn which way it will go.

Kommentar:

Certainly looks like a breakout, but I do not think the direction is certain until the panic selling fades and the big money players move. Watching the 1 and 5 minute charts to see if this is a sustained breakout downwards, a spring before an upthrust, or just a slight change in trend direction...