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crazyrabbitltc
30 Th12 2018 21:46

BTC looks like it's compressing for action at Daily Close 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

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It seems like Bitcoin is compressing here with higher lows and lower highs. It's not clear what to expect when it breaks however, will it be up or down? Marked out are the possible levels it would go in either direction.

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Still no significant action....like walking on eggshells!

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Well somewhat unexciting and unclear at the moment. Just broke out down, but was quickly bought up. Lets see....
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crazyrabbitltc
Compression is getting even tighter. We start to have more wicks down than we do up. Perhaps we start to exhaust selling pressure? Or is it a fakeout?
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