This is my personal look on the possible outcome for Bitcoin due to this current bull rally. Now that it has broken out and retested the 40 ,000 level we are looking at a new target of 48,000. Notice how the volume also supports this idea. We will play the long up until 48000 for intraday/week investment and if it hits the target zone i will be looking for a short term scalp short that DAY. I say that day because we all should know the strength of the bulls in crypto rallies and should take that into account.
-Bitcoin is in a bull run -It broke the 40k resistance and retested -48k is the new target
bonus: -possibility of 55k-New all time