bitcoin setup both side

After crashing almost more than 52% bitcoin can create two scenario either upside or down side

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if it continues the downside trend line the price can form ABC pattern and get more dip of 30050
if the price breakout from downside trend line the price need to retest and sustain above 40700 for the further upside upto 52450

this analyse is based on daily chart and for positional basis

Indicators :
TSI = still no sign of strength
MFI = looks cold need to wait for accumulations