BTC (D on LOG) - Up or down.... You can't fool me.

Hey TV,

BTC on the daily (log) chart. BTC isn't out of the woods yet. BTC took a step in the right direction today, however looking at the log chart we haven't broken the downward trendline.

Short term fib - retraced to 41'055 (.236). I expect a short consolidation pullback to 39'500 (fib 0.318).

If BTC can cross and hold 42'500, then I'll feel comfortable saying BTC has broken the downtrend.

Like/Comment.

M