BTC’s strong fundamentals continue, and price action is looking increasingly bullish. On low timeframes (such as the 4H and Daily) it looks like BTC may need a pullback to confirm local support before continuing. On the weekly, BTC looks ready to rocket. If the $45.6k zone holds, this appears to be the beginning of a new bull market.
Let’s look at the [charts](https://t.me/midas_announcements/572) and try to identify trends for the week.
**Support Zones**:
* $45.6k
* $43.4k
* $40.8k
**Resistance Zones**:
* $45k
* $48.2k
* $50k (psychological)