$BTC In terms of the HTF since a few of you are asking, here's where I am at: > Current bias is that this is a corrective move off the lows and we either need more time to consolidate and/or lower prices before putting in a significant bottom. With that said, how we close April will alter my medium timeframe bias. Two clear cut things I'll be looking at: 1) First image - wick into the monthly imbalance, close below Feb high. Also closing below March high is a stronger signal. In this scenario, we have the near term potential to tag 80-84k but the monthly close below would suggest this is simply a re-test of a bearish imbalance before lower prices. In this scenario, my current bias would be in tact and in line with expectations. 2) Second image - close above February's open (on a monthly closing basis) and my HTF bias shifts bullish. In this case, I would be expecting higher prices, perhaps to 100-108k. Not sure I'd necessarily think the *cycle* low was in or that new ATH was coming, but that wouldn't matter too much. I'd play the 80 - 108k range. So ... I shall await April's close to come back to this ...

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