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BTCUSD H16: PT BULLS 75K-85K USD - seek to BUY LOW (UPDATED)

Long
COINBASE:BTCUSD   Bitcoin
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BTCUSD H16: PT BULLS 75K-85K USD - seek to BUY LOW (UPDATED)(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE2: Break below 48 000 USD
voids the bullish outlook for BTCUSD .


🔸 Summary and potential trade setup
::: BTCUSD 16hour chart review/outlook
::: updated/revised outlook
::: nice progress so far exactly same
::: as summer 2020 fractal
::: CORRECTION NOT OVER YET!
::: focus on buying low later
::: 3-4th week of may near 48 000 USD
::: final TP bulls will be 75-85 000 USD
::: expect target to get hit in August 2021
::: potential/speculative complex correction
::: similar to the May/June 2020 correction
::: a/b/c/d/f/e/f/g corrective structure
::: BULLS may buy low later for now stay out
::: lower risk strat: wait for re-test of 48 000 USD
::: and then BUY LOW this may take a while
::: for price to hit near 48 000 USD (4-6 weeks)
::: keep in mind that now is weak period for BTC
::: for BTCUSD based on last 10 years WEAK gains (FLAT)
::: 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/48000USD
::: Sentiment outlook short-term: RANGE/MIXED
::: Sentiment next 3 months: BULLISH /85K USD August 2021

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