cryptcowboy

#Bitcoin 4h chart update! 05/22/19 7:15 am EST

BITFINEX:BTCUSD   Bitcoin
The sideways price action continues and until 7587 or 8258 get taken out, sitting on our hands seems to be the best option. The market will keep us guessing until it doesn't and it will tip its hand eventually. It might throw us a few more curve balls before it becomes clear but that's the environment we're in and learning to respect that will save capital. I see that the trend is up so I keep a bullish view, i recognize we are in need of correction so I listen to that. We continue to remain on the top half of the ascending channel but the more we move sideways the more that will become under pressure. Corrections are in time and in price.
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