I do not think we are out of the woods yet. I personally feel a dip to 52k would be sufficient to bring in enough liquidity for the next leg up. I like keeping my chart as simple as possible, 60k is resistance we need to flip to support on the weekly to reenter bullish territory and my worst case scenario is a wick down to 48k . The market is indecisive at the moment with a lot of consolidation. Risk management is key to any trades here.
Support and Resistance

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