Look at this chart. What you see here?
Support of a long term rising channel, Support of a short term falling channel, Static support and MA50 crosses each other on 50K. Because of this reason 50K is a strong support.
As I told before, maybe BTC touches 49K (Ichimoko's cloud) but it is a shadow and it will return back to 50K channel again.
Also we have a time extremum at 28 March and trend changes at this point: from falling to rising or from falling to ranged.
Support of a long term rising channel, Support of a short term falling channel, Static support and MA50 crosses each other on 50K. Because of this reason 50K is a strong support.
As I told before, maybe BTC touches 49K (Ichimoko's cloud) but it is a shadow and it will return back to 50K channel again.
Also we have a time extremum at 28 March and trend changes at this point: from falling to rising or from falling to ranged.
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