BTCUSD-BUY strategy Daily chart reg.channel - FIBBitcoin / US DollarCOINBASE:BTCUSDpeterbokmaIt has moved lower than what I would have perceived the bottom for minor recovery. We are below FIB support $ 64 k (rounded), and we need to regain this level, otherwise $ 57 k next level. However, I am still believing we are very oversold, and recovery back towards $ 69-73 K is possible. Overall as stated many times before, I see BTC moving much lower, and in fact below $ 40 k and who knows below $ 10 k. For now my analyzes is based on short-term movements. Strategy add or BUY between $ 62-65 k and take profit near $ 69-72 k. There after go short again for $ 40 k.