Dear Lazytraders,
We had a daily closing in the range between 40000 & 50000 Satoshi. Only a daily closing below that range would indicate a continuing downtrend.
A daily closing above that range could give fuel to a move to 75000 Satoshi which is the last swing high.
It can move higher or lower outside the range but only a daily closing above or below will determine the direction its going to take.
As always trade safe guys!!!
See you next time :).