BTCUSD Wait and watch

We have been seeing a downward trend since 2021/207/10.
Right now bitcoin is trading near a strong support zone of 45500 - 46000. If the price breaks this zone, Bitcoin may fall to the next support at 40500. I will look for selling opportunities in this zone.
Only if Bitcoin price breaks the trend line and then breaks the upper boundary of the resistance zone at 52000, we can talk about a change of trend and then the bullish sentiment will prevail
Chart PatternsFundamental AnalysisTrend Analysis

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