Don't see it..
Niether did I...but after having checked out my charts after the previous nights action....
...horrendous negative bearish divergence on the four hour indicators, we all expected this trending range to be broken out of, and it hasn't. Shorts are building their positions, longs aren't. Had Bitcoin shown a bit more voracity on the bounce up, then we perhaps could assume that the bottom was in, or at least that Bitcoin would test a much higher resitance zone before repelled back, but the extent of the bounce from $300 was the extent of shorts exiting the positions that they build up around $360. The Market went flat, the price refused to break out of the consolidation formation....and now we are in the weekend...classic dumping timeframe.
.....I think in all likelihood, Bitcoin is going down to test the lows, or finally find support at new lows.
Longer term, I am definitely bullish, but the swings in this market are fucking massive and not to be ignored or taken lightly.
