After rising from 25k to 48k btc demonstrated losing in an important zone at 48k, however when retesting the 40k showed that there are still buyers, it denied going below, possibly we can see the retest at 48k and 50k, failing that we will have room for 38k and 36k in its healthy correction before the halving.
Long term is bullish 38k - 36k and 33k still bullish.
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