XBTUSD Still a Short!
Using a log chart (which better represents long term growth), XBTUSD is still below the descending from the all time high (green ). Not only is it still below this but it is also below the daily 50 , and the ascending from before the most recent breakdown (yellow ). XBTUSD would have to break 8700 and stay above to have any chance of a change at this time. Key levels to hold for a change would be 6550 area where there were a few days of consolidation and the most recent low of 5855.