BTC LOCAL SCENARIO
Expecting a test of new highs at 
65K and a potential shakeout of short stops.
If 58k is tested first, I'll take short positions around 65k.
Consider going long now as 62k could trigger a move to $65,652. Main timeframe: 1D; wait confirm entries on 4H & 1H.
Ideal scenario: A correction to 58k after a65K+ high—a prime entry for swing trades.
65K and a potential shakeout of short stops.If 58k is tested first, I'll take short positions around 65k.
Consider going long now as 62k could trigger a move to $65,652. Main timeframe: 1D; wait confirm entries on 4H & 1H.
Ideal scenario: A correction to 58k after a
65K+ high—a prime entry for swing trades.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.