Just a quick update to: https://steemit.com/bitcoin/@jagr/btcusd-technical-analysis-update-usd6170-feb-5th-2018

So, it looks like a zone of support (see blue indicators on image below) has held up for now (plus our 78.6% fib retracement was just tested and held up - bottom of that 'blue' zone). This is just a quick update, so I'm going to tell you what I'm looking for. Since, I'm not entirely bullish on BTC just yet, I want to see a test of that blue support zone and a bounce before I look to enter into a BTC position. Or, I want to see a break of the red resistance zone and a pullback to that level (in hopes it bounces off the level - i.e. turning that resistance into support.)

![BTCUSD-Feb62018-1.JPG](https://steemitimages.com/DQmfDwGaHy2YgTUZzUiFUk7D3avm3eiVKoREqzmgeMLLZHx/BTCUSD-Feb62018-1.JPG)