Bitcoin steadies as it awaits weekend price action

So, Bitcoin has managed to build a base under 48k today, but the rebounds so far this afternoon are not conclusive and the market is still nervous as the weekend approaches. Of course it could rebound, but the risk of a deeper weekend move lower are as elevated as they have been for some while. That is because the market is still long and may have added to those longs more today. The question is what will happen when this thing goes into the twilight zone that is weekend trading. We know the next two days are notorious for spurious and illiquid moves at the best of times. It really all depends on what further appetite there is to buy and hold this one and what further stops may lurk lower down. Granted the likes of Ether and Monero have rebounded today too, but some serious damage has been inflicted on those two over the past 24 hours, particularly after they set really nasty reversals from new record highs. Either way it could be an interesting weekend for all these coins and do not be surprised if the price action throws up some significant moves. Bitcoin is just now trading at 49,320