I think BTC will want to clear out some stop losses before continuing higher, so there may be opportunities to add on dips.
I think it may get frontrun before it gets all the way down to the daily stop losses as many people want to get in for the next move up.
One concern is the resistance at 5800-6000 is pretty daunting, but a 1000 point gain from ~4900 should be attractive enough for dip buyers.
Lower highs mean that maximum amount of longs haven't been trapped if Bitcoin wanted to dump hard.
However, some longs were trapped, but had some time to get out with small losses if they wanted -- medium fuel for dump.
Lots of stop losses have accumulated and remain to attract a dump before going higher, but again there are eager people waiting so I don't think it gets all the way down to daily level of stop losses.
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