BTC followed the expected trend. It didn't manage to hold at 64.4k and dropped down toward the 60k support. The price of BTC went as low as $59,850, with a daily closing at $60,698.
BTC must hold this 60k support and rebound. I will close my futures long position on BTC if the daily close falls below 60k. If the daily close happens below 60k, I will re-analyze the chart and update it accordingly.
For now, this is the trade setup:
~ Entry: 60k to CMP. ~ SL: A close below 60k. ~ Leverage: 5x to 10x. ~ Target: 62.5k, 64.7k, 67.3k, 69.05k.
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