Red Ski Track Found Difficult to Navigate by Many
Updated
Bullish Case:
Bearish Case:
One calculated scenario based on the data: Possible move to 42k then failure and push to lower lows
- Good volume
Some strong bullish hammer candles
Minor consolidation over the past couple days
Bearish Case:
- Continuation of lower highs and lower lows so far
Failure of 21 ema to act as support yet
Not a fundamentally strong bottom reversal
One calculated scenario based on the data: Possible move to 42k then failure and push to lower lows
Note
Next 4-hr candle to find support and close at $37,300 or 
42K bounce becomes less likely and we just have continuation downward.
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