BTC/USD 3Day Time Frame. Looking for a short correction to the 0.618 with Valkyrie Bitcoin Strategy ETF as a catalyst to the bullrun or short term correction if rejected. NVT looks prime to continue higher and when looking at the weekly, momentum looks it will continue to go up as a trend.
Comment:
0.618 is the support I am looking for in this chart. BTC to continue its bullish trend needs to stop around 55k and not go lower than 53k.