BITCOIN after market has made new highs and is firmly fixed above previous high ( a move we capitalised on) now what we can see is we have this very strong bullish impulse on the daily timeframe, after a impulse what we expect to see and what happens most of the time market will make a correction to atleast the 0.382 fibonacci, which is also aligning nicely with structure (previous resistance now support) If the market will give us a nice slow correction and make a retest of this zone which is also has the confluence of support from the uptrend, we will be looking to add another long on the dip, target will be a huge 60K.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.