BTC analysis for December 30,.2021 - Key pivot level at $48.065

Technical analysis:

BTC has been trading upside today but there is important resistance at the price of $48,063.

Trading recommendation:

Watch carefully price action around key pivot level at $48,063 to confirm further direction.

Upside breakout with good momentum can confirm further test of $48,960

Rejection of the key pivot at $48,063 can confirm downside rotation towards $45,920

Stochastic is showing bull condition but with fast line on the overbought condition.