BITCOIN ANLYSIS

bitcoin is looking good above 58500
huge support as per now price action
i am planning to trade positional in bitcoin

entry : 58500
sl : 55000
target is minimum 1:2
target 1 : 60000
target 2 :62000
target 3: 68000
its looking good above present swing high
reason 1 : trendline breakout
reason 2 : 50% fibbonacci retracement
personally i am planning to hold till 100000

BTCUSD