Price analysis

Bitcoin broke out of the support line and landed in the first support zone. This isn't too worrying for me because we needed a correction for longer timeframe indicators to turn away from a top signal like the RSI. I think it is possible we drop some lower to the 48k region but this isn't certain if so I think we could form an inverse head and shoulders pattern. This drop would bring the Fear and Greed index that's at fear right now to extreme fear. This is a good time to accumulate some more Bitcoin for the next leg up of this bull run