BITCOIN Long Trade Idea

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BITCOIN Long Trade IdeaMicro Bitcoin FuturesCME:MBT1!GoneGuruI think Bitcoin still needs to test resistance at the 78-80k level before making new lows to exhaust remaining bulls. Here is a setup marked by a potential local trend reversal (break of purple downtrend line followed by a local higher high, then a pullback to test the lower channel line and finally a bullish signal bar). I'm trading the MBT March futures contract, which I'll switch over to the April contract tomorrow assuming I don't get stopped out first :). Trade parameters are on the chart.