MY VIEW ON BTC's CURRENT PRICE ACTION

If I'm correct that's a Change of Character (CHoCH) in old price action. This coupled with the break of 45800 gives the idea that we're still bullish. Currently BTC is lying on a daily bullish OB and also on a trendline support. Here, I'm expecting a bounce to take out 48200.

So for now, I'm closing all SHORTS!