In my personal opinion, price will further balance in range around $38k-$44k for max 1 week.
After that BTC most probably will go to price ~$52k-$56k, correct it and further go up to ~$74k.
It may of course fall down to $35k for around 1 week to further scare small investors and if price closes on D1 interval below orange box ... we will continue downtrend toward bear market and price $28k-$30k will be next support.
Price has closed below MA55 on W1 interval --> that is sometimes interpreted as going to BEAR market.
After that BTC most probably will go to price ~$52k-$56k, correct it and further go up to ~$74k.
It may of course fall down to $35k for around 1 week to further scare small investors and if price closes on D1 interval below orange box ... we will continue downtrend toward bear market and price $28k-$30k will be next support.
Price has closed below MA55 on W1 interval --> that is sometimes interpreted as going to BEAR market.
