Dipping below 27-26K is highly improbable. A significant rise in price could be seen if any positive news comes during these levels.
35k to 30k seems to be a spot where institutions have placed their orders. I think the possibility of going below 30k is not possible, if it goes that low, it will recover before you would even realise it. Following this, I believe it'll be a slow a steady mover now till 40k-42k, then we might just see a breakout to higher levels. If you haven't placed your bets,...
Following my previous post, Is it going to take few months or years to reach next point of no return.. will be decided in the next few hours. 35k - 30k is a major major support point.
It could seem directionless until it reaches around the box and a decisive trend should emerge from thereon.