Hello traders. price has been respecting the ascending Chanel since 26000 level, currently facing a resistance at 48000 but we see a strong bullish momentum in the weekly and monthly timeframe, this is due to strong BTC Fundamentals including a weakening Chineses stock market inwhich it effects are felt all over Asia, making asian investor increase their Bitcoin portfolio. a break above 48500 we may see price approach thew 54000 level.