BTC Support/Resistance Zones - May 13th, 2021

BTC is testing the lower side of the $48,500 support zone. If support is lost here, I suspect price will head down to the next support zone around $45,000. If support is lost at $45,000, then the next level of strong support is around $39,000-$41,000. I would be look at any price action down to the $40,000 support zone as a major opportunity 1st pass (buy that dip up!!!).

When the bulls reclaim $60,000, I suspect price will spike up sharply, on its journey to 6 figures!