OKCOIN:BTCUSD1W   Bitcoin / Dollar Forward 1 Week
384 2
Once again Bitcoin is in a sideways fuckery mode. I mean, consolidation/sideways/scalping range, etc.

We are currently in a swing high, but i anticipate this to just be a precursor to the next move. This channel has been pivotal in the past, and we're likely to continue the trend.

We are unlikely to move past the long term downtrend without a significant reversal. I will leave this neutral, as most predictions should be imo .

Break above 230 is not enough, we need acceleration past 250.

Break below 215 is not enough, 210 has to go followed by 205.

Mix in with sideways if you're certain your proper directional bias. Otherwise, wait for price rejection/validation.

Good luck.
230 broke through with good volume which has been a key sign to long, but i closed my position earlier. The next move to 250(if it occurs) is very critical as previously noted.

I don't know how many are following my TradingView's but i did exclude the long after 230 part as well as short on price rejection(if we fall to 225 for instance) accidentally.

What i am tracking here beyond the 230/215 zone is the 250 make or break or the 205 make or break.
Nuseii Nuseii
250 failed and this was a time to short. We look on track to test 220/215, and once again if those break with confirmation then its down to 205 and lower.
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