Mid-Term: Neutral
Short-Term: Neutral
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a solid break and close above $38,000-$38,500 could expect to see a mid-term continuation towards new Short term highs, But keep in mind bears might take control around 39k levels however, if price action remains for much longer below $38,000, we could see a lower retest around $35,457 before another potential bounce.
A new low below 33k is not yet a scenario we should worry about but stay safe anyways!
Short-Term: Neutral
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a solid break and close above $38,000-$38,500 could expect to see a mid-term continuation towards new Short term highs, But keep in mind bears might take control around 39k levels however, if price action remains for much longer below $38,000, we could see a lower retest around $35,457 before another potential bounce.
A new low below 33k is not yet a scenario we should worry about but stay safe anyways!
