On the Daily TF, we can see that BTCUSD formed a higher swing low on the region of $33,500 which most analysts including myself expected to be broken with a further downside leg. However the bulls remained strong which is evident on a strong daily candle closure above my moving average & $36,670 - signalling that we have the momentum to continue pushing to the upside first to $41,500 then if we close above that we could rocket to $49,500.