BTCUSD H8: PT BULLS 70-75K USD - seek to BUY LOW (NEW)(SL/TP)

BTCUSD H8: PT BULLS 70-75K USD - seek to BUY LOW (NEW)(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: BTCUSD 8hour chart review/outlook
::: BTCUSD getting overextended now
::: nice progress so far exactly same
::: as january 2021 fractal
::: CORRECTION NOT OVER YET!
::: focus on buying low later
::: 3-4th week of march near 44 000 USD
::: final TP bulls will be 70-75 000 USD
::: expect target to get hit in April 2021
::: ETHUSD met heavy resistance at 2 000 USD
::: potential/speculative complex correction
::: similar to the January 2021 correction
::: a/b/c/d/f/e/f/g corrective structure
::: BULLS may buy low later for now stay out
::: higher risk setup BEARS: short near 57 000 USD
::: BEARS get ready to SHORT HIGH
::: after the bounce is completed near 57 000 USD
::: SL: recent highs
::: lower risk strat: wait for re-test of 44 000 USD
::: and then BUY LOW this may take a while
::: for price to hit near 44 000 USD (2-3 weeks)
::: keep in mind that Feb/March is WEAK period
::: for BTCUSD based on last 10 years WEAK gains (losses)
::: it's anniversary of a 50%+ DUMP SOON as WELL (2020)
::: also ETHUSD sold off 50%+ 15th FEB - 15th MAR 2020
::: so recommend to be extra careful next few
::: weeks as price is very unstable near ATH
::: overbought / so expecting correction
::: good luck traders!
::: SHORT IT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/PULLBACK/44000USD
::: Sentiment outlook short-term: BEARS

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