Bitcoin - Potential entry zone

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Up and up and up!

50k level is the Daily 0.618 region - Since, there will be lot of buyers I would'nt be surprised if we get front run with a quick tap near 51600 region. This is not to say price must come there, IF it gets there RR is great and a good opportunity. Else, sitting back is my approach.

Target point - 5.618 weekly region must be monitored on the Daily TF, a slice through that is an easy 74k region as a next profit take

Note: This is not Financial advice but my trade approach



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If the price doesn't reach that far, and price holds alternative buy region is near mid 54k's
BTCUSDbtcusdlongTrend Analysis

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