Bitcoin is still looking for bullish. It is supported by triangle breaks and bullish formations. So, it is so strong signal for buy for short term gainings. Also it is following base on up trend way and I don't think it is going to break down. And while Bitcoin is a fomo material, we will see strong buyers in short term.
I will share SL and TP zones in another only-short-term forecast.
As it is in the short-term, while above the trend, we will not see a bearish soon. Actually this price line, under the 61k is very good buy zone for mid-term traders. Keep following because nobody can know what will happen if it breaks below.
I'm one of thinkers Bitcoin will rise over $250k. If you are going to buy in spot, you can; always actually. But this is not a good spot for leveraged long term buyings. I would suggest you to buy and follow the trend so close, because above the trend, we can't go anymore lower.
Of course use a stop-loss in short and mid term transactions, because this is high volatility insturment and any news, as like banning cryptos in India, can make a strong push below the trend.