Bitcoin has support around 37,000 Mark just above the trend line acting as support and will be looking to bounce of those levels towards the higher resistance around 48k/50k mark.
A possibility of going directly towards 48k seems less likely as the recent pump is fading away. New buyers would be looking to enter the space as it moves towards support area.
A possibility of going directly towards 48k seems less likely as the recent pump is fading away. New buyers would be looking to enter the space as it moves towards support area.