Can Bitcoin drop under 50k before a new bull run?

After passing above 40 BtcUsd has had quite a run and almost reached 60k
At this point, the main cryptocurrency seems a little tired and a correction could come.
This will not deteriorate the strong bullish trend by a bit, just gives us the opportunity to buy at a better price
That being said, I will look for buying signals between 47 and 50k if indeed we will have a correction

Comment:

Is under confluence sipport
Let s see

Comment:

An update is in order for this analysis because it reached 20k view and ppl are not looking at the date:
The analysis is posted on 22 Feb, this is my current view on Bitcoin: