BTC is bouncing off the horizontal support on the 2D TF, which shows the strength of the bulls in this demand zone as we have not seen the candle close below the marked demand zone. A rebound is expected towards horizontal resistance at $18,500, where MA50 also acts as resistance. A solid break above $18.5K would be confirmation that BTC is back behind the upper range, confirming the continuation of the bullish momentum in the market.
