If Bitcoin sails through the 42500, its going to be a long trade with alot of volume as people figure out what has happened.
That will be a pullback trade which Ill show you how to enter..
That being said, the 10 day FLD projection is already fulfilled or nearly fulfilled, and Im expecting Left translation of this 10 day cycle. 42500 is slightly above that projection, so thats interesting…
A 1500 point stop and 2.25 to 1 R:R is available here for a short into the lows of the week.
42500 stop
41000 entry
37500 first target
Derek