BTC confirmed its daily bear market move, along with a nasty sweep of the highs. We've seen these developments before - even with sweeps. Is there a result this time? I don't know. But we likely haven't seen the lows yet. I don't think it's all doom and gloom. We are still in an exceptional position in the 1D+ timeframe. We may even make a third high like last time. For now, I think it's best to sit back and wait rather than charge in on what could be the first day of further impulses. If we remove the div from here, I expect another sharp sell-off. If we survive the div structure then things could get interesting. I can't answer whether we do or not. But you can easily plot the relative returns on either side of the market.
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