$BTC has closed a daily candle today above a critical level of $46,500, which is the pivot level for all higher TF RSIs. The daily is now just entering the bullish control zone >70. The liquidity is stacked below from $41,500-43,000 while it's around $51,000 above. BTC looks to be conslidating at the moment while altcoins are having a run, and if BTC holds above the current $47,000 throughout the weekend, I expect a move upwards. Otherwise, I believe BTC will dip quickly to grab the liquidity below, which also lines up with the daily 100EMA (purple). Overall, based on the RSI/Stoch RSI/MAs and the accompanying volume, the probabilities of an upside move is more likely.
