BTC looking a bit more bullish today. I would still like to see a fake out occur around this level and see BTC move back above the previous support zone now turned resistance around the 40 ,5k level. here is what I am looking for today:

1) If BTC manages to respect yesterday’s low’s and break previous high’s I do expect to see the fake out and BTC to move back above the 41k level.

2) If BTC does not break previous high’s and breaks yesterday’s low’s I expect it to move to the next support zone around 38k and closer to retesting my long term trend line .