Total crypyomarket cap reversal scenario. This is only possible if we don't go BELOW the new/present support zone.
This scenario should play out only if BTC fails to break of this demand zone. This could also be BTC currently filling all imbalance before heading straight to 50k. Best case scenario if you ask me.
Bearish flag forming on BTC daily time frame. Possible movement towards 16k. But very very unlikely