#Bitcoin is down just under 1% currently for the day. Whilst it still looks like it will be another red day, it is up from the intra day lows and putting in a large wick. This isn't a bottoming tail but still a potential reversal candle. It took the liquidity below the Feb 24th candle today and that is what has given the intra day bounce. But I still think it needs to take out the Feb 6th low before it can consider having bottomed. BUT, having said that, I am not taking lows down at these levels and looking for longs. But with this amount of weakness (and my thoughts above), I need to see some strength before I try a long. I would like to see it close at least a 4 hour candle above 65360 (shown in blue line) before I enter. Alternatively, I will also look to long if it sweeps the 59800 level. $BTC #crypto #altcoins