We have already made a pullback to the 50/48 zone, there is a little bit more room left, but normally we should stay above that channel now. If this starts to take a lot of time (several days) the chances for a bigger correction will increase a lot. But the 46/44 blue on the left could also work as support. The green support around 40/42 can not brake anymore, that could even suggest the whole rally is over already and we have set a bull trap with the moves of the past 2/3 days. Ideally we see that triangle on the right form, but that would be unlikely because that needs a lot of conviction. I only see that happen if Bitcoin can break the 3970ish again. I think a retest of the 48 support is more likely to happen than a move to the high again.
Low time frame it's a bit difficult to judge, higher time frame is mentioned above with an addition, that if we rally, there is a big ahead around the 65. Weekend is also closing in again, so would like to see a clearer picture tomorrow.
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