UPDATE VIEW BTC NEW WEEK

BTC is currently returning to a short-term uptrend this week, focusing on finding positions to buy rather than sell.

In the short term, the 53,900 - 54,500 area is a good OB for us to open BUY positions. The short-term target for BTC is 55,900 - 58,300. The absolute SL for this order is the old bottom of 52,500.

At this rhythm, I expect altcoins to be pushed strongly. The ETH/BTC chart has shown signs of forming a bottom. Buying foundation coins will be quite stable at the current rhythm.

This is a personal perspective that you can refer to in order to come up with a plan that suits you.

Wishing you a successful trading week.