In crypto, you have to find where the current battle is being fought and right now for bitcoin it is in the 1D (Daily timeframe) and the fight is against the 50MA (50 Moving average) here in yellow. Simply put if it goes above it decisively meaning one very large candle or closes above it at least 3 days in a row than we move up to the next battle (resistance level) if it does not move above it soon we are going back down. Where to? the likely area is the 8500.00 will that area hold? We have to see. Your money should stay out until we move above the 50MA on the 1D.