We're nearing the end of the month long consolidation.
2 key trades:
Entry here with stop loss at $400/$381, with take profit target at $467 and $666 (0.5 fib retracement from $1000 peak)
$400 is a pretty important support here, if it does break we could expect as low as $315 re-test.
However I do have a bullish bias here with blocks halving soon.
You could also take a short if it does go below $400.
2 key trades:
Entry here with stop loss at $400/$381, with take profit target at $467 and $666 (0.5 fib retracement from $1000 peak)
$400 is a pretty important support here, if it does break we could expect as low as $315 re-test.
However I do have a bullish bias here with blocks halving soon.
You could also take a short if it does go below $400.