Very strong and realistic view w/o any hopes.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar

Here i see few intresting intermediate moves, i think we cant break upside right now, just because not enough bulls trapped yet. Too many ppls also longing on okc futures , thats cant cause rise

So, im waiting for trap first before i can go long.

About downtrend move - RSI modelation succesfully was tested on spring and summer downtrend, i think its resonable to wait panic again. Here also pretty low liquidity, if bulls wants stay at 300+ forever - we should have VERY strong orderbook.

Notice also 270 range is too dangerous, below 270 could be flash-crash as in summer, watchout

Good luck
we need confirmation of this modelation. We waiting for triangle/wedge/flag, anything. And also we should retest RSI level first