#BTC_Update
$BTC has seen a break of its previous mid term market structure after it’s 10%+ breakout and solid daily higher high close. This is also a reversal confirmation as our POC (Point of Control) at $41,500 has been perfectly respected. This continuation it the leg up to $50,500 we’ve been expecting and talking about for over a week.
The real move will happen once BTC touches and tests that long term key $50,500 level we’ve mentioned. If we break it and close above on the daily, we’re going for new All Time Highs. If not, we could be facing one of the bloodiest months in a very long while.
Key levels to hold = $45,300
First trouble area = $48,725
Second trouble area = $52,970
