Despite the drop in BTC – pattern remains

Despite the drop in BTC – pattern remains

Bitcoin / Dollar
BITFINEX:BTCUSD



This is exactly why I stay short until we break the upper black trend line to the upside. I would rather buy with confirmation of a break from the range-bound trend to a bullish trend before buying.

Continue the move to the apex. If it breaks lower I wait. If the upper trend line breaks I buy.

Thoughts?

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