BTC is still very very fragile - ASIA has woken up and seemingly bought the dip quite hard as has Europe. Hopefully the US will do the same and continue the momentum upwards.
We are seeing a bit of consolidation form now and it is important that we go up from here otherwise it can lead to a retest of 42K, which nobody really wants any more.
We may start seeing a bit of positive FOMO news start appearing which is what we will need along with some leaked institution buy's. Hoping everyone is getting a little bit bored of Elol's FUD too.
We still have very key resistances to break at 46.7k and then the big one at 50k to confirm direction but this small breakout is very promising.