Bitcoin had a massive pump as we predicted in our previous technical analysis, so now we have reached in an area where we should more careful with our longs, because RSI indicates a divergence 48,000 is a huge resistance for now because there is red trendline continued from our previous highs, or from right here it might take us back to the support trend line around 45,500$ and 44,000$ area where the previous low trendline is, then from there we can expect an healthy come back toward 48,000 and 50,000$ and even more.
or else we will have a huge dump which is less expected to happen but we know there is nothing impossible in this market.
The Trade set up is clear, safe and profitable trades mates.
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