BITCOIN: A brief overview.

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This kind of market drains it boring... we are sitting on a thin edge here waiting for something to happen.. shorts are rising.

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closed under the support, turned to resistance and the CCI broke the -100..

People are panicking but I would not be shorting BTC right now there is a possible bull div painting..

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market panicking, do not be coerced into selling with patience you'll see recovery..

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Expecting bounce from one of these levels

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BTC still painting a bull div important level to break for now is 3630-3670 for any chance of reversal. Until this level breaks I expect us to continue down the blue lines outline support levels.

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Bitcoin still in a no trade zone for me, my current chart:

Broke upwards out the triangle but with poor volume.

Take note there is still bullish divergence painting on the 1D.

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The bullish divergence played out on BTC but as I stated on previous charts until we break the level of 3630-3640 we are still in a downtrend. We broke the descending wedge which is a great sign but keep in mind BTC has heaps of "breakout traders" that buy as the resistance is broken, Until we see real volume this little breakout wont mean much.