BTC Potential Daily Consolidation

While many alt coins have changed their daily trends and seen higher highs, BTC has yet to do so and looks like we may see enough consolidation to be looking for another daily higher low compared to $7,053. It has been notable on shorter term time frames that every time there is a bull break, bear bots force the price back down shortly after, not allowing bulls to get much follow through. Loss of the daily uptrend at this point would be a red flag of lost momentum for bulls.

Currently still in LTC which is out performing BTC at this point, but I may look to take half the position off on a 4H lower high if further consolidation looks inevitable. The trade is more of a bigger picture swing trade, and I would look to reload the half I sell upon daily consolidation looking for an LTC higher low. LTCBTC not changing the daily trend yet and needing its own higher low is also a factor in this decision. A BTC bounce for a 4 hour lower high may be my signal to exit half and lock in some profit!