Technical analysis:
BTC has been trading upside towards $50,000. Buying pressure is still strong and there is potential for the test of $52,000.
Trading recommendation:
Watch for the intraday buying opportunities on the pullbacks with the next upside target at $52,000.
Stochastic is showing extreme upside condition but with no reversal, which is sign that buyers are in control.
Support level is set at $48,000
