Volatility has declined in BTC





 
Russia’s cautious statements and declined case numbers in China have eased global risk appetite and thus, we observed bullish movements couldn’t resist longer. Technically, if BTC continues to stay below 48 000 indicated by the upper line of the ascending major channel, we will follow 45 750 and 44 000. On the other side, 49 500 resistance will be our target, in case the upper line of the channel is broken upwards.