At the moment price appears to be caught in an upward channel. I expect price to break upward from that rather than down to new lows.
How I worked out these figures see my previous post "#Bitcoin next buy zone between $7,271.3 and $6,745.1"
Of course a lot can happen in the meantime to wreck my idea, but all looks clear for the time being.
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It's hard not to be thinking plan A the short right now aided by Global markets.
#Bitcoin going cautiously long, Consensus 2018, saw the low Y/N?
During, Consensus 2018, I'd say bulls won on points (market held up well).
Global markets could impact but there are loads of places to put stops in.
Better way of putting it "Bitcoin, Consensus 2018, bulls won on points (time spent above weekend low). Bitcoin now set to go higher, but not while rattled by current global markets and events.