After crashing almost more than 52% bitcoin can create two scenario either upside or down side
if the price breakout from downside trend line the price need to retest and sustain above 40700 for the further upside upto 52450
this analyse is based on daily chart and for positional basis
Indicators :
TSI = still no sign of strength
MFI = looks cold need to wait for accumulations
if the price breakout from downside trend line the price need to retest and sustain above 40700 for the further upside upto 52450
this analyse is based on daily chart and for positional basis
Indicators :
TSI = still no sign of strength
MFI = looks cold need to wait for accumulations