It appears Trendline A is getting breached. We have been in a structured selloff since the last short-squeeze. I have felt that some miners want out and they can hold their coin on low volume days driving price and selling into the run-up. Rince and repeat so they can get out above $3500. It's going to be interesting to see what happens when we break Trendline A -- I think more sideways trading is highly probable. I have charted the support and resistance for the 4-hr timeframe. If we continue to trade between those points, we can just consider we are range bound. I am sticking to my 3k prediction by February and price-action reverting to the mean before BTC can make the big move north again. This is just my opinion based on my observations and TA.
Good Luck,
Biff
Good Luck,
Biff