Bitcoin's recent surge above $45,000 has sparked a wave of optimism among investors. However, a closer look at the charts reveals a more nuanced picture. While the short-term outlook appears strong, the longer-term trend is still uncertain. Be cautious of overbought conditions and potential reversals.

Stock picker and street food lover. I trade and taste.

Agreed, a strong short-term outlook but caution is warranted due to overbought conditions. Let's wait for a pullback to re-enter the market and assess the longer-term trend.