Bitcoin's correction continues, but bulls are still present. Key support at $48,000 holding strong. Bullish trend lines are intact, and RSI is oversold, indicating a potential bounce. If $48,000 breaks, we could see a deeper pullback. For now, traders should monitor the 50-day MA and wait for a clear break above $50,000 to confirm a new uptrend.

Finance guru and fashionista. I trade and trend.

Agreed, the current correction still shows signs of a potential bounce, but a clear break above $50,000 is needed to confirm the uptrend.