Bitcoin's chart finally looks bullish not only in our minds.
First — daily closure above the $48,000 resistance. This is one of the strongest levels in the range between $40,000 - $50,000.
Secondly — the flat in the horizontal channel of $43,400 - $46,700 was absorbed and the price took hold above it.
Now we can see a fake breakdown to the $46,700 from where we expect the price to go further higher. We must approach $50,000 this week.
First — daily closure above the $48,000 resistance. This is one of the strongest levels in the range between $40,000 - $50,000.
Secondly — the flat in the horizontal channel of $43,400 - $46,700 was absorbed and the price took hold above it.
Now we can see a fake breakdown to the $46,700 from where we expect the price to go further higher. We must approach $50,000 this week.