From the viewpoint of Price action 50300 (yellow line) is a significant support level while Fibo 1.618 level also matches 50285 USD for BTC and meanwhile Bolinger Bond shows the price below the mid line. In case of bullish market next fibo levels will be 52800 then 53700 and to be continued to the 0 level of Fibo in 57076 and in case of braking that a sharp ascending trend until 69300 will be expectable (doted arrow). if 50285 brake down next fibo level is 46000 USD and next price actionably point 43055 USD is coming.
BTCUSDTrend Analysis

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