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Where is Bitcoin headed? Down to 50,000 or up to 80,000?
Bitcoin has been trading in a range, sometimes faking a move! Not much volatility, but sharp ups and downs. If Bitcoin cannot firmly hold above 60,865, it won't be able to continue the uptrend! For now, Bitcoin's bottom keeps rising, testing the 59,000 level twice yesterday.
Since it hasn't broken through, we won't guess where Bitcoin will go. This afternoon, we'll stick to the usual approach—just go long!
Go long around 59,000–59,500. Daytime volatility is low, just a quick trade!
At this level, we'll go long and build positions in batches. If it dips again tonight, we'll go long again! $BTC