SO bitcoin is currently trading at ~7550 I think we might be close to a possible short-term top. Sentiment remains extremely bearish still with halving coming up I think btc has every possible to perform similar to GOLD (flight to safety). Expecting bitcoin to remain in a bullish uptrend, expecting a retest of 6-6.5k on a retrace if that doesnt hold next level of interest is ~5.5k, pretty bearish outlook if 4.7k doesnt hold below that level. HOWEVER, i EXPECT that bitcoin does NOT go lower than 5.5k honestly expecting 6.4k+ closes excluding wicks, Bitcoin after that i'm expecting it to clear 8.4k which is crucial resistance, then to hit 10k. After this point if bitcoin can hold 8.4k on a retest expecting 14k+ within the next few months and resumption of our bullrun to all time highs!
Comment:
Would put SL @ 6.2 on a close and probably look to 5.7 and 4.7*** if don't hold