54k looks good short term. never seems to run out of momentum though, so I don't see it falling back more than around 47-48k then shooting back up again
RICHMONSTOCK
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@bullcgar, you should put your atr, then check what is the multiple of the last regression.
Let’s say you want to buy an asset a 100 and the atr value is 10 , but the last drop was 20, therefor the true security you should have as a stop loss is 2xatr.
Bitcoin is really really volatile , so 46k and 42k are two great support , 48 000 could be a good support if I see enough consolidation arround it.