Today the market is recovering after yesterday's fall. It can't but rejoice, because almost all coins were in the green zone. Bitcoin was not an exception and I would like to consider its chart. As we see on the daily timeframe, there are now two key support levels. One of them is located in the area of 47,960 - 49,540, and the second one is in the area of 39,170 - 41,250. The price failed to break through the first level, although there was an attempt to do so. Buyers showed their strength and did not let the candle close below the support level. Now I consider both the variant with gradual sliding of the price and falling down to the second support level, and reversal of the price from the current levels.

The additional factor, which points to growth, is Fear & Greed Index. It is already at 18(!). This is a very strong factor that could indicate a reversal is coming.