BTC is following the consolidation with 57K as support, of course market can always make a spike to go get short SL and we cannot know how big this spike could be since market is always over leveraged.
From a technical point of view if we have a Daily close under 57K then we might go into a deeper consolidation but this will have to be checked if it happen.
For now i keep my plan with potential flag and MACD Daily cooling down, if it goes to full consolidation we can expect to continued until mid November before BTC regain bullish momentum.
Beside intraday short trade I would stay on the side to go long and let it settle, there will be time to buy with better timing.
From a technical point of view if we have a Daily close under 57K then we might go into a deeper consolidation but this will have to be checked if it happen.
For now i keep my plan with potential flag and MACD Daily cooling down, if it goes to full consolidation we can expect to continued until mid November before BTC regain bullish momentum.
Beside intraday short trade I would stay on the side to go long and let it settle, there will be time to buy with better timing.
