BTC has skyrocketed for the first time in a long time.
It continued to grow for 6 days from July 21st, and from the point where it passed the horizontal line of $35,600.
There was also widespread coverage that Amazon would accept crypto payments. It became one of the rising factors.
With this rise, the short-term trend is completely up.
This trend may continue for some time. Because it is above 20MA and 50MA on a daily basis, it is expected that these MAs will also push up the market as a support line.
The next line of consciousness is $41,000.
If Bitcoin can get out of here, it can recover up to $48,000
enter the field of view.
However, there is no doubt that it is a heated market.
Be careful of temporary adjustments.