Bitcoin needs to regain 57500 or we could retest 51250
Looking at the daily chart, I feel that BTC needs a strong move up. We are facing 3 red weekly candles in a row which won't be good for the bulls. If we fail to regain the top green box, I see us testing 54150 and if we loose that, 51250. If we flip 57500 into support my target is $70K
Trade active:
Still stuck under the channel. but looking bullish (for now)