Way back when BTC was trading at 54k, we have anticipated price recovery and more upside movement. Right now BTC is trading at 60k which is proof that the KDJ oscillator is simply 100% accurate in predicting market trends.

So where is BTC going now? If we check KDJ, no doubt, 65k is the next easy target. The daily and hourly KDJ has been detecting so much buy volume recently. Yes, whales and retail investors are buying in FOMO.

As per KDJ data, lots of buy orders are left at 58.5k-59.5k. These massive buy orders will be filled if price dives to this zone.

So here's the trade plan. Ideal position is LONG, but always make an entry at support, which is 58.5k-59.5k. Take profit at 65k. If you're in in futures don't forget to put a tight 2% stop loss.

BTC is trekking along its major resistance zone which is 60k to 65k. Anything can happen at this point, but since we have so much buy volume, upside movement is most likely.

FOLLOW for more.

By the way, check out PITBULL if you haven't. Its my favorite meme coin, see if you'd like it too. 😂