BTC update My take: Bitcoin is still in range mode, not trend mode. We’ve had: > A sharp selloff > A weak bounce Price back near range lows This isn’t exciting, but it’s important. Bitcoin tends to: > Go quiet > Chop people up Then move aggressively when positioning is wrong I’m not aggressively long here, but I’m also not bearish. If we get one more flush into lower liquidity and reclaim, that’s where I’m interested. If BTC breaks down cleanly, everything changes but that hasn’t happened yet.(CyrilXBT)