Price action in bitcoin continues to be anemic which usually means that we should get a big jump in volatility soon enough. We are converging towards the peak of a triangle with price slowly getting squeezed into a corner so an explosion is bound to happen. Question still remains which way that will be. I have counts that are prepared to handle both and while that might not give enough direction is because there isn't one just yet. We could still correct into a Y wave down or we could be finished and just building the ramp for the next advance. Like i said in my previous post I am leaning towards the latter alternative, but the market has yet to prove itself to me. Some moves in the alts market are signaling the correction could be over, but I need more to be convinced. As is the case with these correction, market needs to exhaust most of the players and get them into a state of apathy so it can take off without people being prepared for it. And if there something we know, markets tend to inflict the most amount of paint to the most participants. Hence I am cautiously monitoring for more signs of underlying pressure, while letting price dictate the tone. Is a game of waiting now.