BTC DAILY UPDATE:
BTC is preparing for 64k-65k 🔥
My entry plan is still the same; I will long BTC from the (61.7k - 60.6k) zone if it comes to this level.
However, BTC has formed a bullish pattern, so it’s possible that BTC could move up directly from this pattern.
Here are 2 possible entry scenarios:
If BTC follows the pattern, we can take a long position on the pattern's breakout + retest (but the breakout should happen before the US market opens; if it breaks out during the US market opening, there are high chances of a trap).
If BTC breaks the pattern to the downside and taps into the lower order block, we can also take a long entry from there, but BTC must stay above 60.7k. If a candle closes below 60.7k, BTC will likely turn bearish and go toward 57k.
Targets 🎯
We can consider targets of 63k, 64k, 65k, and 66k. Pullbacks are possible in between, so you can partially book profits at different moves if you prefer.
