$BTC
BIAS:
Mid-Term: Bullish
Short-Term: Bullish
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Once again following perfectly our market model, BTC retraced to a short term low of $41,042 before heading once again above our most important mid term level: our $41,588 POC (Point of Control).
It this level manages to hold as support as least until our next daily close, we're heading higher into $45,000 territory and eventually to $50,000.
On the other hand, if we break again below this level and manage to break below $41,000, we're likely reaching $38,000 before any considerable up-move.
Up Probability: 68% - Down: 32%
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MAIN INTEREST LEVELS
SHORT
$46,858
LONG
$40,868
PREDICTED DAILY RANGE
$40,831 - $45,882