IMO this looks like a decent Wyckoff accumulation schematic. If this plays out it would indicate a higher low for BTC. If this is confirmed on the lower timeframe I will look for a Long and my personal target would be the .272 fibonacci level, wich will be around 50K. Offcourse will take some partials allong the way. No financial advise, DYOR and always trade with money you are willing to loose! Trade safe everybody :)