Price is currently retesting the Pivot level. We will see if price wants to break above and continue the uptrend or bounce again and come down. It has closed above the 50 EMA but not as deep as it did the last time about 3 hours ago. Looking for a strong buy signal around 45k or so...The wedge forming looks like price wants to come back down but we will have to see how it treats the 50k level. A break up and retest may indicate the end of the sell but due to the stupidity of the US Government talking about increasing Capital Gains taxes, BTC is at risk.
