BTCUSD broke out on H1, now came back to make a retest which lines up with fib level. I think it can go up to touch trendline one more time, and from there after trendline break I will look for short. If the momentum will be too strong, its possible it reach $10.500.
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It looks like price rejected $5400. I expect one more drop to $5475 and from there long opportunity. If you want to be safe wait for counter trendline break on H1 and retest. TP 1 stays the same at $7700.
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Set SL to breakeven. Be careful. If BTC rejects 6600 area, its possible it drops a lot more quickly. Economy is not doing well and people will need cash quickly. Thats why they will sell crypto. Thats my opinion. Lets see what tehnicals will say.