On the 8H, 54950 is an important level. Since Mar 9 there have been 9 touches from both sides of this line, and several 8H closes almost exactly at this line. The prior two candles closed well below this level, but the candle that has just closed is now above this level, and combined with the 3 wicks bouncing off 53k support on the 8H in this same timeframe, BTC could be headed up again, although we're still sitting in no-man's land.
Given the above and the fact that BTC is still in a strong uptrend, I am currently neutral but not selling a single coin.
Given the above and the fact that BTC is still in a strong uptrend, I am currently neutral but not selling a single coin.