$BTC Daily Chart
Updated
Just laying out some thoughts on 
BTC for myself. Everyday I want to be a little bit more bullish but overall I'm remaining very cautious because I believe that if we fail to cover substantial ground in early-mid Q2 we will see new lows instead. However, both the crypto and traditional markets are potentially in a bullish divergence right now and I have to recognize that. Reclaiming that 46-47k level that everyone has been talking about would probably see a lot more sidelined $$$ step in. I still hold some bags and they are not underwater but I am mostly liquid since late November and for now I remain somewhat skeptical of jumping in hard.
BTC for myself. Everyday I want to be a little bit more bullish but overall I'm remaining very cautious because I believe that if we fail to cover substantial ground in early-mid Q2 we will see new lows instead. However, both the crypto and traditional markets are potentially in a bullish divergence right now and I have to recognize that. Reclaiming that 46-47k level that everyone has been talking about would probably see a lot more sidelined $$$ step in. I still hold some bags and they are not underwater but I am mostly liquid since late November and for now I remain somewhat skeptical of jumping in hard. Note
The day after I posted this: BTC leaps to that critical level (47.2k at the time of writing) and it is Monday which means we got a very important and potentially exciting week ahead. As I previously mentioned, if we break through here with relative ease I then expect us to go all the way to at least 58k before any real retracement (sidelined $$$ eager to enter in this scenario). Everyday a little bit more bullish but again still cautious!Note
Still fighting the range, one thing is sure: wherever we go from here its gonna be a big move (up or down). A lot of people trying to short this wanting it to be a dead cat bounce and not believing in a bullish divergence. Likewise, bulls already talking 100k and completely ignoring that we are not out of danger yet. I remain a cautious mini bull until we can see 50 keks
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