Bitcoin is still in a clear downtrend. but on its way back to the resistance zone at around 40k. If the BTC price tries twice to get through the zone there is a good chance to make a profit on a short trade.
There is a support level around 54$ which was already tested beginning of April.
Stop should be arround 52$.
Next support is somewhere near 50$ which make the sell of a PUT very attractive.
From indicator perspective only my RVGI is bullish by crossing the 0 line.
