In my last idea about BTC i discussed a possible retracment to 52k level but that didnt happen yet and price move above our ascending channel which considered as fakeout for now
52.5k still our key level of support price closed below 20ema for first time since 8 march Which suggest another drop to 52k Here is equal to 0.618 fib level and 50 ema and strong horizontal support Price may not hit it exactly may be little above (53k) or a little below (51k)
after that Next psychological support is around 50k and hoping we not lost it
For BTC to gain strong bullish momentum again need to close daily above 58k
This is my personal idea and reading chart hope it help you Good luck best wishes
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