We notice that BTC is currently in the process of testing a confluence of support features on the 1D chart: 1) descending trendline (drawn across previous years highs - thick black line) 2) EMA100 (we use EMA100 to define bull/bear markets) 3) horizontal support at 10500
Overall, I view it as a good opportunity to add to the long position targeting 13k-15k for weak-handed leveraged trades we can place stop loss below 10500 for stronger-handed spot trades we can place stop loss below 9000