BTC went down to 45,700 on New Year's Eve, now it is moving in the horizontal movement band between 47,000 and 49,000
It is necessary to follow up as a double bottom formation is forming in the 4-hour session.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.