Bitcoin
Long

$BTC Headed to $58K, Then Buy the Dip!

562
BTC recently blasted above the prior daily high around $48,000. From there, it shot through the $52,000 resistance zone and looks to be headed to the next resistance zone around $58,000.

From here, after this current impulse ends, I will be patiently waiting for a pullback. Then, after the pullback, I will be on the lookout for long entries.

In this chart, we can see BTC pulling back to the $52,000 support zone before continuation to a new ATH around $70,000.
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In this chart, we can see BTC pulling back further, to the $47,000 - $48,000 support zone before continuation to a new ATH around $70,000.
snapshot

On the lower time frames, I remain bullish as long as BTC is closing 4H candles above the $52,000 support zone.
snapshot

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