LONGTERM BTC BULL BUT COULD BE CHECKING SOME SUPPORT HERE

If btc does not hold 47000 area give or take a few then it will visit 39-40,000 and if that does not hold then it will be looking to test 29,000 30,000, I dont think it will be headed that low but if it does thats ok and will resume after. If it holds here where it is then continue forward once consolidated. No need to panic its a great buy opportunity either way and remember there are only so many bitcoin, its deflationary, people will buy eventually and hold. IF btc is just hitting on the 47000 area then everything will resume as normal fairly quick, it has also tested 69000 70000 area twice as large moves over the daily and could be about to test that agian, rejection there could be harsh but to break that and hold it would mean new support and new territory. IT MAY HAVE to test the areas i spoke of earlier before it can bounce, we want 70000 to become the new support