Right now BTCUSD is trading inside this local high volume range (in red). I've bought the dips, when we found support at ~$59,000. The current price action over the last day has all the trappings of a leverage and stop loss liquidation, and the range volatility hasn't changed. We're still inside the higher time frame (HTF) regression trend. So, either I buy the next dip to $59,000 and $57,000, or I buy at the breakout confirmation at $61,000. On macro levels, there is no change to predictions, although the PlanB Stock To Flow (S2F) model looks like a stretch. We'd need a definite mega trend to match predictions of $98,000 close by end of month, and a move of that magnitude would be followed by some heinous volatility.
