BTC is making bullish Flag pattern on daily time frame and current neckline support is at around 59200-59700. trading is all about probability. I am going to long from here and our target will be recent all time high above 73000 and 1 is to 1 risk reward will apply with this trade which allow me secure the trade even if its go below 46000.
I am going to risk 3% with this trade, market dynamics will be change for long time if price go below 46k.