BTC Pullback and Continuation
We had a significant break below 50K, which threw a wench in my previous idea's narrative. However, it looks like price has stabilized and may be on its way back up. I think if support can hold between 
46K-47K, then we'll be targeting 50K in the coming days/weeks. If we can get a clean break above 50K, I think it would present a decent buying zone on a pullback to the 50K level. From there, I think we will encounter some resistance and perhaps consolidation as we approach the ATH. However, a break of the ATH may present another opportunity for a pullback/re-test at that level, which would be another good place to consider layering in.
These are just my thoughts, not financial advice. Best of luck to you!
46K-47K, then we'll be targeting 50K in the coming days/weeks. If we can get a clean break above 50K, I think it would present a decent buying zone on a pullback to the 50K level. From there, I think we will encounter some resistance and perhaps consolidation as we approach the ATH. However, a break of the ATH may present another opportunity for a pullback/re-test at that level, which would be another good place to consider layering in. These are just my thoughts, not financial advice. Best of luck to you!
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