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BTC hit 45K resistance line, need to break 48.5K for bull run?

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According to Fib Retracement we observed Bitcoin to face resistance around 50 fib area (44-45K) and correcting slightly. The most strongest resistance is now around 61.8 Fib (Golden Pocket) around 48-48.5K. We must break the 61.8 fib retracement to continue the bull run. As of now the minor correction is a little bit concern. I will only invest if we cross the 48.5K in daily/weekly candle.

Please Note: The analysis is based on my own views and it should not be treated as financial advice.
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Best,

Adit Doza, PhD

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