Well not a ton going on here but figured it had been several days so would throw a chart up. Last chart we had just gone through the Tether mess. Things settled down and well, really just settled. We are trading extremely tight range with not a ton of action. Alts had some nice pumps so personally played a couple of those but BTC itself is just relaxing. I added a bit of a triangle here. Guess an ascending triangle but main thing I need to see if will the bulls break $6500? Just as stated last week, $6000-6500 or so is really just not very interesting to me. We know the bulls want to support 6k and currently the bears are keeping it under $6500 minus the tether mess which briefly shot to $6800. I laid down a few potential supports at $6412, $6375 and $6345 but really if $6400 starts failing/we fall out of this triangle, I'd expect everything to cave and we get a flush down to hopefully be bought right up by the bulls waiting at $6-6200 range. Which just leaves me personally in the same boat of 6-6.5k isn't all that appealing. Far better trading opportunities elsewhere in my opinion.
Well that didn't take long. 5 minutes later and we see the breakdown. Will personally watch and see how quickly bulls buy the dip this time. Continue to lean slightly bearish overall just because there is only so many times the bulls will buy this dip. Market needs some big news!