Bitcoin ($BTC ) on the daily timeframe has significant support at $52,130. It's crucial to reclaim and close above this level to witness an upward movement and to prevent it from turning into resistance, which could push the price towards the next daily support at $43,430.

There was strong activity in the markets, but with every decline, there is an opportunity for an ascent. The key is to position correctly by accumulating at each low and avoiding leverage.