https://www.tradingview.com/x/v0D94egL/ BTCUSDT is rejected f | CoinCodeCap Classic

https://www.tradingview.com/x/v0D94egL/

BTCUSDT is rejected from the resistance and currently at demand zone. 50K is a good support and a key level. We are bullish until the price breaks down this level with a good retest.
Also we can see a cypher pattern which is a strong reversal pattern at the key level.