Here’s the playbook I expect to unfold next on $BTC . This is a weekly chart where we’ve broken out of an 8-month consolidation, forming a sort of bull flag. We’re now on the second green weekly candle. Typically, the third candle serves as a retest; if not, then we might see a retest on the fourth candle, possibly around 66-67k (with a potential wick down to 65k). The first long entry should be set around 69,600, with a second DCA entry around 66-67k. The first target is in the 85-88k range, with a risk-free trail toward higher levels. I may also look for short entries (small margins) if we see a weekly rejection. The full TP target is around the 69k zone.
This is the current higher-timeframe playbook, and hopefully, it helps guide your trades.
