A 4 hour close below $6800 and we probably see Dalton& #39;s 80% rule play out.
Just to clarify, this still applies even if we don& #39;t get the 4 hour close. Dalton states we simply need to see two 30 minute rotations back inside to confirm acceptance. I think its a little bit more nuanced than this with $BTC being a 24 hour market. I say a M-15 close is enough
If the hourly candle closes here, this meets Dalton& #39;s criteria to a tee (2 M-30 rotations back inside previous value). I would then expect with a high degree of probability, that $6660 is visited today.