XBTUSD: 4hr Mex Chart Such Brutality

٢٢ يناير ٢٠١٩

After a nice 3% drop on a wick this morning followed by a quick bounce back, the savage nature of BTC Price Action is in full effect. Looking back to the lows of Decmeber, and the levels from the rally that followed for ideas of where this is headed. It would certainly fit with the Sadistic Price Action to run up towards 4K and above, only to smash down again and revisit these lows, if not make new ones. Currently sitting flat, but watching to catch a wick on either side if I can.