Taleg Speed2Trader

$BTC Quick Update: Bitcoin is at the important zone and the important line of defence for bulls to defend, the corrective structure shows the balanced pattern as of now and controlled, the problem is that price is coiling inside a contracting structure, typical of late stage corrections. These patterns tend to resolve with one final flush before higher timeframe continuation resumes. Volatility and false moves are normal here. But this 65k low will be the cruicial impact even if that final push still remain. I'm keeping a close watch on it for now. #StrategyBTCPurchase