BTC is still bullish - Don’t panic by traps.

We broke the hourly rising wedge and BTC is up from its 2 day range.

If we break the falling trendline where 48,600 is a key point. If we break it with potentiol to 49,000 then we’re bullish again and our next target will be 52,000.

BTC is making higher low; which is the indication of correction of BTC. Stay on sideline when market make traps but we still believe we will rise up as we just made a higher low.

BTC will be dangerous if we make a lower low that will be done after dropping from 44,000.

Happy Trading - Stay Alert!
Trend Analysis

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