Welcome mikeinaa,Originally Posted by ;
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I concur with you about it respecting the technicals very well. It's kind of unusual how it functions on RSI and Stochastic extremes... I often do not think it will, but sure enough come the indiors/candles and Bitcoin reacts.
I notice a lot of media talk of manipulation of the price but I don't find this: up to EW analysis goes - that the price action is textbook. Maybe because it isn't widely traded... there is no obvious connect to what the USD does: the USD strength induced by the Fed last night does not appear to impact the BTCUSD...
You cite 4hr charts... which platform are you using?