XBTUSD 4 hr Mex Chart: In search of bottom, yes, still.
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A 5k bottom would be somewhat poetic, as breaching the 5k line on the way up was a big hurdle before last year's bullrun. These lower wicks are evidence of some pretty strong buy support at these levels, but not quite enough to turn things around yet[/I]. I could be wrong, and things just consolidate here before they pop off, so I'm not looking for shorts unless there is an obvious LTF top I may try for a scalp, but mostly I am setting low bids that I expect to hit on some wicks.