BTC Bounce, Chop, or Lower? BITCOIN FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME:BTC1! wrgly watching month, week, day and 4hr time frames. daily oversold rsi is bearish watching for 50% test and back down again to set the range for a base/bounce or a deeper dive weekly is macd making its way to zero watching closely can not lose 0 Monthly macd gap closing. yup thats what happens when weekly crosses zero. (couple of weeks of chop? ) A bounce here would be really good for BTC I suspect a bit of chop near term. with improvement on indicators for a run-up or we continue lower watching lower time frames for improvement weekly macd can not lose 0 or we have another sell and a deeper correction coming