This is short update on yesterday's analysis, as market has changed the price shape a bit around support area. All that we've said yesterday is still valid as BTC has formed 3-Drive "Buy" pattern:
Gold shows a bit chaotic action due absence of valuable driving factors. As our initial downside suggestion has been denied, today we could keep an eye on 1572 support area, whether bullish background will be formed there:
BTC has hit our short term 10.5K target. Although market keeps good upside pace and we're watching for weekly 13K target - in nearest few sessions
pullback is possible. Thus, it is time to manage your position/stop orders.