Bitcoin - Intraday - We look to Buy a break of 48202 (stop at 47648)
The previous swing high is located at 48160.
A break of 48200 is needed to confirm follow through bullish momentum.
We are trading at oversold extremes.
The medium term bias remains bullish.
Expect trading to remain mixed and volatile.
Our profit targets will be 49744 and 50544
Resistance: 47500 / 48200 / 49500
Support: 46500 / 45600 / 45000