On the chart, I marked important levels in purple. You can redraw them on your chart and they will work out in the future. Bitcoin corrected by 20%. At the same time it was liquidated positions to the amount of $ 3.7 billion. That's a lot for the cryptocurrency market. This is one of the biggest declines since the fall in May. The price is now trading at $46,780. It's best if the day closes above that level. Also under the local low most traders put their stop losses, with a high probability the price can make one more impulse, go down and collect these stop losses and then go up already. Globally, we are in a bullish cycle, and over the next 4 months, the price will reach the $130,000 mark.