BITCOIN: DO YOU SEE THE GAP? 🧙‍♂️

Hey, fellas! We wish you all a successful trading week! Extremely happy to see Bitcoin hit the almost 50k$ milestone. I'm not a big fan of shorting BTC (same as gold), but the recent surge has its own consequences. Sooner or later, there is a level at 41k$ that needs to be filled we go to higher highs. That's just the way it goes in trading, but I'm pretty sure we all know that. However, it's all about that good entry!

Disclaimer: We don't advise entering shorts on Bitcoin as you may get caught in the overall bullish market. This is just an outlook.

A couple of scenarios for an entry we should consider. 1) Small Head and Shoulders might potentially form around 50k$ 2) at the same time, that would confluence with the half-point of a current ascending parallel channel 3) we hit the 50k$ sharp and touch the top of the channel before dropping like it's hot.

Let's see how this week goes for BTCUSD!