BitcoinShort
SUPPORT/RESISTANCE AND TRENDLINES ARE MADE TO BE TAKEN
Simple liquidity play, 30k is a physical and psychological support for many players in market, if someone wanted to shake the market and buy fear, giving 30k some more confluence (maybe another bounce in the upcoming weeks) to end up breaking down should be the perfect play, the same way they did in 2018 with 6k support.
Many people screaming at that time that we would never see again sub 6k prices, and what happened? we end up breaking down to 3k area, accumulation for weeks, and moved up again. That's my main scenario, some short of accumulation for weeks below 30k area, to break above again and retest the ATH.
But previous ATH should hold as support, maybe a deviation, some spikes inside, but I want to see the PA been develope above, if we start closing inside 2018 range that will be really bad.
Good luck.
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