Mid-Term: Neutral Short-Term: Neutral -------------------- 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!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.