It is not yet confirmed. As long as it struggles below 57.5K , nothing is for sure, especially if you plan on going with margin/leverage trading, you're on your own. There is still a pretty good possibility for the price to sink again, this time even to 41k to be the minimum, mainly because of two reasons - 1. It was the ATH of 6th Feb. 2. If it sinks that low, it's the 30% correction that ocurred last year and did not happen this year - therefore, correction might not be over yet. And the third reason might be the fact that two days later, on 8th Feb, Elon bought 1.5B of btc. This is also why i believe it will not sink lower than that.
Tread lightly, this being just a personal opinion, not financial advice. Do your own due dilligence! Cheers.
@OxbadOded, "Elon Musk said Tesla Inc. sold 10% of its Bitcoin holdings to demonstrate the token's liquidity, while adding that he's retained his personal investment in the cryptocurrency." Not enough, judging by the rise of BTC since then, and the value he bought back then.