Bitcoin came nicely down, into the gap seen in Dec 2020. These gaps firstly act like a magnet but once they are filled, the reversal can occur as new orders are triggered in that area which can have an impact on price. So far, we can see a nice turn-up, with the next open gap from here at 28-29k.
Beyond Technical AnalysisBitcoin (Cryptocurrency)Chart PatternsgapfillWave Analysis

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