Bitcoin Fundamental and Technical view

Fundamental:
The price of bitcoin reached as high as $48,000 on Tuesday, building on gains following news that electric-car maker Tesla has invested $1.5 billion in the cryptocurrency and may accept it as future payment for products.

Musk’s Tesla says it invested $1.5 billion in bitcoin, sending the cryptocurrency to record levels near $44,000

Technical :
Bitcoin can easily reach 50800 and 54000 for next target and its getting so strong but as we can see on Fibonacci retracement it can test 50% of Fibo structure on 43600 or even it can retest previous resistance that break (40K) that is now Strong support .

for adding more long position on it the best area is buy zone as you can see and if touch again .

Trader let me know your opinion by your comments below .

עסקה סגורה: היעד הושג:

first path completed (first target reach )✔🤑