BTC Sunday Update:
This week Bitcoin reached my aforementioned $62k expectation: after such huge volatility recently, I expect a short-term pullback to at least 58700 before continuing to rise.
The plan is simple: Bitcoin will fluctuate between 58700-61700 for a while, then come to a price around 65k, and then all the way down to 55k, which will be my long-term trading trend. A few things to keep in mind, there is still a high possibility that the liquidity at $69k will be liquidated.
I feel more confident in going long on the pullback because it has really been strong in the past few days. The 65000 and 69k levels just show you the possible price action we may be looking for in the next few days.
My plan for this setup is:
Long around 58700
Long around 55k - 54200
