Bitcoin- Strong intraday reversal

٦ أغسطس ٢٠٢١

As I said a couple of times this week, I expect a new leg up from Btc and the main crypto can reach 48k zone.
Yesterday, Bitcoin started the day badly and has dropped to a 37k low.
From here bulls took total control and BtcUsd has finished the day in the green.
This is a clear indication for me that a higher low is in place and we can expect a higher high soon.
48k remains my target and dips should be bought.
Only under 36-36.5k we have reasons of concern.