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BTC support at 50% yearly move retracement (around 47k).
Another stop on buys is at 44k last week’s low.
Bullish targets/resistance at 62% fibonacci (around 51k).
50k is an enticing target, many buy stops probably a bit higher than this.
V-shaped reversals can happen even without mainstream market conviction, as many buyers still licking their wounds from the recent crash.
