The current chart shows the BTC/USDT pair in a rebuilding and consolidation phase after an important corrective cycle; after Bitcoin reached its all-time high at $126,199.63, it entered a corrective wave that pulled it down to a low around the $49,000.00 level, and it is now moving in a recovery range of $78,801.61 (with a 21.76% increase over the last 30 days).