Technical analysis:
BTC is in process of the upside continuation. There is potential for the bullish continuation towards upside references.
Trading recommendation:
Due to upsidee cycle on BTC and potential for the upside continuation, watch for potential buying opportunities on the intraday dips.
Upside objectives are set at $49,540 and $50,700
Based on the 4H time-frame, there is rejection of the rising 20-period moving average
Stochastic oscillator is showing bear mode but with no price action confirmation.
