DON'T TRADE BITCOIN

It's awfully hard to discern direction when price volatility is so high and the other forms of volatility are still adjusting to match the new market condition. Once we are able to discern the range we'll be better off.

Most traders trade noise thinking they are trading information. Learn how to identify what is true noise and what is true, objective information. It's very easy to project a bias onto this chart. I recommend waiting it out.