Bitcoin has kickstarted the projected bullish trend to the $48.5 top this morning, with a clean footing above the shorter ascending trendline and the daily 100 EMA . The market now awaits some bullish impetus to build its momentum over the coming days.

That said, the benchmark cryptocurrency has until the end of the month to actualize this projection, as it remains to be seen how the benchmark cryptocurrency could pull this off. Regardless, all bearish attempts would likely not make it past the $41K to $40K region in the coming weeks.

Meanwhile, my resistance levels are at $43,000, $44,000, and $45,000, and my key support levels are at $41,000, $40,000, and $39,000.

Total Market Capitalization: $1.94 trillion

Bitcoin Market Capitalization: $803.5 billion

Bitcoin Dominance: 41.3%

Market Rank: #1