#BTC

Bitcoin

The downward channel has been clearly broken on today's frame
It is expected to touch $48,000 before the recovery and rebound begins

We have a sell saturation on the RSI indicator
We have a trend to return above the moving average 100 again
We have a strong support extending from $48,000 to $50,000

A rebound is expected from that area targeting

First target 53,800

Second target 57,300
Trade active
First target 53,800 Reached
Trade closed: target reached
First target 53,800 Reached

Second target 57,300 Reached
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