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Welcome to this BTC/USDT update. My previous BTC chart got invalidated because BTC breaks it's important support of 44k so I accept my mistake and sorry guys for your losses.
What's the scenario now? Now we might have two scenarios:
1) BTC starts bouncing from here and reach toward the upper trendline of channel which is at around 48K 2) If BTC did not hold 43k support then we might go lower and in that case BTC might get a bounce from 40k-42K level.
IMO BTC must bounce from here and after 1-2 days we again see lot of greenery in the market. All you need is to have some patience and do not get panic.
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It must bounce now as we are heavily oversold but I don't think it's a bounce to bull more like a correction before further drop. Be careful on the long bias, just a friendly reminder