We know historically speaking that during bull runs BTC pulls back anywhere from 25-40%. So the fact of the matter is that we may have very well seen the local bottom at 30k.
What's more is that the daily RSI has come back down into neutral waters and the 20 MA has proven to be our temporary support line.
The next few days will be crucial for BTC and so long as no lower lows are formed, we may be gearing up for the continued climb to 50k
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