Currently: Long Looking to: Sell @ 42,776
As of 1/24/21 @ 3:56pm EST: 31,610.20
LAST WEEK: We suggested buying dips in BTCUSD to 33,850 with stops on a close below that level and with a target of 42,776. If stopped, we suggested buying at 30,298 and/or 27,963 with stops below 30,000 and 27,000, respectively, and with the same 42,776 target.
UPDATE: Bitcoin dipped to the second buy target we put forth last week at 30,298 and managed to hold that support thus far. Theres definitely a chance we see 27,963 tested but theres also a chance the floor is in. We will simply stick with the idea we shared last week hold longs unless 30,000 is broken on a close and look to sell at 42,776.