The price of Bitcoin has fallen in recent days. Although it has rebounded from weekly lows, the asset’s trajectory remains uncertain, says CryptoWendyO, a crypto trader on Twitter.

The day’s schedule is not looking good, as we are struggling to keep $50,000, she told Cointelegraph on Friday. I have a feeling we’re going to have a $51.6 race.

She went on to say:

From that point on, I’ll be careful, because a rejection could lead to a return to the $50,000 to $45,000 range. The escape there could be a quick $42-38K breakout with a glorious recovery. Disability will be a permanent consolidation for $52,000.

After reaching a record $58,360 in February, Bitcoins (BTC) fell to around $43,015 in the following days, according to TradingView data. It then recovered to around $52,660 before dropping below $50,000 again. At the time of publication, Bitcoin was trading at around $49,020.

Cheds, a CMT Level I certified trader on Twitter, expects BTC to consolidate further above this key 42k bar, he told Cointelegraph on Friday. He also tweeted a timeline of his expectations.

The big question is whether the recent correction of 27% will be enough to reach a new peak, Chedds said. Meanwhile, we see a narrowing of the trading range with lower daily highs and higher lows.

The prices of a number of technology stocks have also fallen recently.

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