I had been thinking we were just starting to break out of the oversold area and into the markup phase on BTC:
Though, after today's steep sell off, I am not really sure what to make of the charts.
Did we just experience a bull trap and we are about to go down and make lower lows?
We can't be overbought already can we?
If not, we likely need to hold here and start to head back up pretty soon.
What do you see based on the charts?