BTC UPDATE:
BTC is making higher highs and higher lows, indicating a short-term bullish trend. It is expected that BTC will face its first normal rejection around the 58k-59k range, which could bring it down to around 55k-55.5k. After that, a bullish momentum is expected to take BTC above 61k-62k.
According to the daily analysis, this is the prediction for BTC. However, there are still some points showing bearish signals for BTC. If these signals follow through, BTC could possibly drop to the 40k-43k range.
If any such bearish activity is observed, I will share an update; otherwise, BTC appears to be bullish.
NOTE: this is just an update & can be wrong so made your investment decisions wisely.