I will always advise people stay away from day trading such a volatile asset, rather treat bitcoin as a longer term investment, or at the least take it as a longer term swing trade. Realise the underlying fundamental value with a low time preference return and ignore the short term noise on the chart.
For that, I use a couple of indicators, and my favourite is the unnormalized implicit momentum indicator.
Very well put together and very easy to read, it just gives bull and bear signals with high timeframe triggers.
This wont always necessarily get the best entry, but will get you the most confirmation
On the daily (1D) it has just triggered bull (buy) for the first time since November 2020.
November 5th 2020 the price was 14k.
4 months later the price hit 60k.
4x in 4 months
Price had already run up from 10k before the indicator triggered at 14k, but like I say, this does give you more confirmation rather than the best price. This looks quite similar to now in some ways, we have already had a run up from 30k to 45k before this is triggering but this looks super bullish on many other indicators and other time frames. For example, price has today closed above the 200d MA, which is another sign of being in a bull market.
4x from here takes price to ~200k
in 4 months? that would be impossible......wouldnt it?