what now?

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I am receiving a lot of requests for new analysis after previous ones have been accurate. However, the market is more or less the same as a day or two ago.
Do not be fooled by every green candle you see and always pay attention to the volume.
There is a possibility for a breakout which will get us to 50k but i can't suggest anyone to buy now.
For me now is a time to take profits at resistance.
New entry points or buy opportunities will be
  • when a deeper re-test to 46.5k - 46k support is successful
  • when we breakout with strong volume or the re-test of the breakout.

Remember to always be patient and use a stop-loss.

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