Bitcoin support :$47k
Bitcoin Resistance:$51k
If bitcoin breaks support at $47k, we will see more losses, therefore this support is very important. If bitcoin can break the resistance at $51k and stabilize it, it will be a positive event and we will see good results.
So it was broken so called the Bitcoin support :$47k and BTC touched $46,749. Should be expecting more looses?
To be honest in an ideal situations may be this kinda prediction works but in current volatile market it does not seem to work.