WHAT IS NEXT FOR BTC ?
We are in the lower side of D-Channel and the only hurdle to test the bottom of it at 56500 is Sma200 ready to intercept at 59xxx. Price have bounced once from this area and now getting ready to test it again. However we are still in bullish trend in larger time frames so we may call it a small down trend within it. The D-channel bottom line now at 56500 will play the "Point Of Impact" at price action. Breaking or Rejecting it with a confirmation candle may conclude further movement in D1 TF. For now mark the zone 60500-56500 for observation and candle formations for the work plan. Our High Risk Sell from 62300 is going well and have TPed half of the volume. Rest of the lot is held at BE position. Good Luck !
