-Bitcoin just had a -28% retracement from its recent ATH around 42k dollars -The price came down a retested the 20MA support on the daily timeframe -On the 3rd test, BTC bounce off strong and potentially will close the candle in green -This is a good sign in terms of price action and trading above the 20MA -If the next daily candle will close the green bar -The chances to retest the 40k dollar region will increase -We are still in a Bullish market, trading priority remains to the upside