Bitcoin futures perpetual chart daily candle. Yesterday and today Bitcoin is showing signs of consolidating at 50k without much movement. Whether it can withstand 50k or not is an important part to watch.
Also, whether the resistance line hit by the August-September rally can break through 52k at 52k appears to be an important resistance that will determine if Bitcoin can recover and move above 60k.
The trading volume itself is not bursting right now, and in the short term, the probability of breaking through 52k seems low. If it goes down, it looks like it will drop enough to 47k.
