In my yesterday's comment regarding BTC, I said that 25k is a strong floor for the price and dips in this zone should be bought. Following Coinbase's news, Bitcoin dipped again, but this drop was very short-lived and the reversal was very aggressive, indicating bulls are very strong. Technically we are still under the falling trend line that started in mid-April, but looking at the chart we can clearly see that the drop is corrective. I'm strongly bullish at this moment and a break back above the 27500 level that I've mentioned before would bring additional confirmation for a potential rise to 30k. Buy dips remain the recommended strategy as long as 25k holds and also a 1:3 R:R could be achieved with a good entry.
my view