If the monthly closes above May 6 MS high on $BTC, I will be a "the bottom is in" believer. Until then, we are still in a HTF downtrend with no confirmed bullish BOS. It appears we will sweep that high, but I'm guessing we will pull back here first. From there, you can look for longs. Looking at $71k area for longs. If $BTC wicks May 6 high for the monthly close, that's one of the confluences to look for short.
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