Bullish on BTC

Bitcoin recently tested the 50000 zone and failed to break it then it a entered short-term downtrend and then it managed to break the decreasing trendline and retested it and now it is again approaching the 50000 zone. A bullish daily candle close above 50000 would mean a price continuation to 55000 and a daily close below 47000 would send the price to 44500