BTC moved as expected: $60k it is!

BTC Update:

BTC followed the expected trend. It didn't manage to hold at 64.4k and dropped down toward the 60k support. The price of BTC went as low as $59,850, with a daily closing at $60,698.

BTC must hold this 60k support and rebound. I will close my futures long position on BTC if the daily close falls below 60k. If the daily close happens below 60k, I will re-analyze the chart and update it accordingly.

For now, this is the trade setup:

~ Entry: 60k to CMP.
~ SL: A close below 60k.
~ Leverage: 5x to 10x.
~ Target: 62.5k, 64.7k, 67.3k, 69.05k.

Note: Trade at your risk. Not financial advice.

Trade safely,

Regards,
Team Dexter.