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 bulls still maintain control
::: price contained within bullish channel
::: I see limited downside from here
::: next few weeks focus on buying low
::: near 50 000 USD
::: SL at 47 500 USD
::: final TP bulls will be 70-75 000 USD
::: expect target to get hit in April/May 2021
::: stimulus approved recently
::: so most likely 50 000 USD is new floor
::: for the bitcoin price going into April 2021
::: 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
::: 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: BULLS/70-75K USD
::: Sentiment outlook short-term: BEARS/PULLBACL

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Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.