63K area is next to watch

Morning everybody,

So our intraday 3-Drive has reached only minimum 46K target - the low between 2nd and 3rd drive, while butterfly has failed. It means that BTC should go upward further. We do not have any reasons to go short by far. Speaking about long entry - currently we also do not have any setups, but any pullback on daily chart, at least to 3/8 Fib support might be a good level to consider.

Now to major thing... BTC recently shows strong correlation with interest rates. Next strong resistance on interest rates stands around 1.4-1.45% level, while it might agree with next BTC target on monthly chart around 60-63K area.
When interest rates hit the resistance - we have to be careful and keep an eye on possible bearish patterns on BTC as well. But right now we do not see something really interesting.