Technical analysis:
BTC has been trading upside in response for the big extreme in the background. There is potential for the reversion to the mean play.
Trading recommendation:
Due to extreme downside condition in the background, there is chance for the rally.
Watch for upside movement on the pullback with the upside objectives at $53,400 and $55,000.
Stochastic is showing bull cross and bull divergence in the background.
Support level is set at the price of $42,000