Sorry Mic its all a bit up in the air.  We keep breaking sideways and upwards, but not enough yet for anyone to care.  We keep having to redraw the meme triangle because the price keeps going up, but no one is buying into it.   But the price is never wrong, only traders are wrong.  Feels like consolidation.  Please note recent uptick in volume in the volume oscillator - bullish signal.  

Orange line is traditional meme triangle boundary, now surpassed.  Red line is new improved meme triangle boundary (stretched out due to previous sideways pushes).  It would be bullish if we could lose contact with the red line.  Purple line is absolute boundary of meme triangle based on the BFX / Tether pump.  You can see where we have had little mini rallies from breaking the tiny triangles / mini resistance lines.  Click below link for update of latest candles.

 

https://www.tradingview.com/chart/BTCUSD/gdsSv5e9-State-of-Bitcoin-11am-UTC-18-October-on-the-knife-edge/

Below is an overall view of our current position.  Lower redline is support from the crypto winter which goes back to $2.11.