BTC The scenario from earlier today has played out pretty well so far. After breaking below the lower boundary of the range, we saw a quick retest followed by a sharp continuation lower. I believe that there’s still some more room to the downside left with all these unswept lows sitting below, which is why I’m not interested in looking for longs just yet. What I want to see first is the formation of a clear higher low and higher high to confirm that buyers are back in control. Until then, I’m staying patient and waiting for the market to confirm the reversal first.