The 6300 level provided good buys just a month ago. Letting those go was fairly intuitive on the daily chart. Now the question remains. Do we go for .786 back - 4900? Tough call but I think not for now. Be patient. We could chop until May. Certainly take a look at 7800-7850.
Be sure to understand the big picture. Eco mining and 7nm will only keep the difficulty rate ball rolling. Profitable mining will be the drive. It points to only one direction in the future.