$BTC 👀👀
BTC Hit 60000$
Review of what happend so far:
Bears make very big correction from 65k to 53k.
From 53k we made V correction to 60k.
Now we are around the 60k which is very important Decision level. In order for more upside we need to flip above 60k and to continue as per the plan, otherwise Bears can take control and we can end up back down.
After this move that happend to the upside without any major correction we can say that majority of the people are left behind.
Now If we make correction it can be very tricky situation, but If we go down I think Bulls need to defend 58k very Strong.
Chart 2: 4H TF you can see now from outside how we ended up With H and S pattern it is recognizible, this pattern is known for Top and Bottom making pattern.
For the Bulls Now plan is to flip 60k and to start the road to 63k
In this zone from We have Resistance at 61k and if we reject from this Level can be very bad for the Bulls.
