Bitcoin's current dip (as of video publication) is expected to find support between $56,000 and $58,000, aligning with the 50-day moving average and the top of the bull market doors.
"General range I'm looking at the 20-day moving average still right which it's falling below the 20 and the 50 and the 50 is down here around $56,000 and so so key to this is the fact that we have if you remember kind of this area that we were watching for Bitcoin to explode through it has happened but now we have this throwback area for for Bitcoin and in play and that is the top of the Bitcoin bull market doors around 57 to $558,000 as well so 56,000 58,000"