Bitcoin rallied as high as $48200 after breaking the $45600 resistance it tried to break multiple times. After failing to break the 200-day moving average, it retested the $45600 support, which was previously a resistance. I expect it to gather strength here and rise to $56000 level.
Everything looks positive in the crypto market right now. I think new ATHs are at the door in the medium term
(not investment advice)