BTC is facing a local resistance at 40560 and a major resistance zone of 41700-40560. If it can break this level, it can touch 44K-48K or even 50K.
However, if this level holds strong, a big retracement is expected to take the price to the first levels (37800-36400) then to the second levels (34840-33480). This second level is pretty interesting and holds a very good demand zone.
However, if this level holds strong, a big retracement is expected to take the price to the first levels (37800-36400) then to the second levels (34840-33480). This second level is pretty interesting and holds a very good demand zone.