Bitcoin has seen a pump from the lows of 32k to 48k range. Its now at a critical level which can determine the course for the next 6months or so. BTC did not form a lower low and is holding the 30-32k support well. However, we are seeing some sort of rejection at the critical supply zone. Where there is typically a lot of sell orders. A break and hold of 51.1k can take #Btc to near all time highs. But if we get rejected from the said key area of 48.2-51k level, we can see a massive correction unfold. Also #Btc is getting rejected by the 200 day moving average which is critical in trend and market sentiment.