$BTC has been in bullish trend since it broke major resistance at 31,450 few days back. Unfortunately, followers of so called gurus remained unable to enjoy the rally of around 35%, mainly because the gurus (fake) kept calling for rejection from here and there based on some basic (and useless) indicators such as RSI etc. just to get some followers and likes!

This is the cycle of the market; it keeps going down until small investors lose hope and book losses, and when it starts to recover, they never believe in bullish trend until its too late!

Anyhow, from Price action point of view, BTC has been in bullish trend since it broke 24,275 on W1 chart targeting previous highs 30,000 - 45,000, 51,000 and finally around ATH 65,000!

Following is the W1 chart for BTC:

BTC W1 chart showing MSB and upcoming targets if trend remains bullish

Now What to do?

First and foremost, since price has already hit targets and now standing at Weekly and daily bearish OB, Do not make any impulsive decision rather let the price cool down a bit and wait for correction till it reaches at least H4 demand zone and HL region, and most preferably D1 HL region, where BOS in internal structure would give confirmation for Longs!

The chart illustrates BTC D1 and H4 HL region (demand zone)

Additionally, ALTS haven't rallied a lot yet so keep an eye of major ALTS such as $SOL $avax $XRP etc.

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