In the daily chart, the price tested a support area close to 40K.
As we can see, this area is holding very strong and maybe this could push the price higher. The market price is actually 43.3K
In the 4 hour chart, we also have a small descending channel.
So the chances are rising for the bullish move.
As a start, we need to be realistic and anticipate only the first small upward movement.
Targets:
46300
51100.00
Thanks and Good Luck!
