BTC update for a retracement

583
Hi,

BTC just got a pull back after a quite nice reversal since the beginning of the year, basically a fresh retracement above 44k, at 0.618 Fib, is expected for the higher next leg to the 5xk zone since BTC got a retest at 48k as the confirmation for trend reversal.

So, trading strategy here after some TPs: a buy or waiting to buy after the pull back shall be considered, Iam not recommended to have a short position here since the pull back is still in tact.

Thats all, trade well br.

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