#Bitcoin gave confirmation on the 15-minute timeframe after reacting precisely from the midpoint of the lower box. 

$BTC If this setup had formed under different market conditions, it would have been a trade where I'd be willing to risk 1R. However, given the strength of this high-volume decline, I don't trust it much. 

That's why I'm placing an order at the $61,000 level with only 0.5R risk.