BTC currently ranging Slightly above $46,000 which is showing a decent amount of short term strength in the market, which could be leading to a move above $49,000 in the next 48-72 hours.

For this we need a quick and significant buildup in bullish momentum, which we don't have for now but have a decent probability of doing so in the next few days.

Key support is currently located at $42,300 and key resistance at $51,360.

Up Probability: 52% - Down: 48%
bitcoinanalysisbitcoinforecastbitcoinpriceBTCimredasouhailismashprofitSupply and DemandSupport and ResistanceTrend Lines

Also on:

Related publications

Disclaimer