short scalp good to 60k as the breakout fails here. I see two outcomes to this. It will either reverse into a more substantial correction (in red which I see as most likely) or a sustained push to a new ATH (in green which i find less likely). There was a nice run-up, it should take a break. But then again it is BTC, which has been known to do crazy parabolic al moves in the past. So an early push to 70k+ might be unlikely, but it would be unsurprising.
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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.