Hello Traders,
Currently we are advancing towards 45k-46 area where imaginary triangle resistance could prove some challenges for the bull side. However this idea will be invalidated if daily candle closes under 38-39k proven support. For the bear side 40k will be somehow difficult to break and right under this second 38k massive buy zone placed. Considering that indicators nearly bottomed out , will be quite the task to do. If price action breaks above the 46k zone upon closing daily candle , this bear idea will be invalid. But I personally think that 50k-52k will be very interesting area to watch for longer term predictions. General direction of the volume is decreasing while the value of the Btc going down. Which could possibly mean that selling pressure is getting less so soon we may see some real action towards bull side.