We have a equal low currently @40/41k.
This means market is ready to trade towards the money @50k.
It might just be a short bull run to continue the range.
We actually in a big range between 65k to 29k.
My overall is that market is still bearish
If price doesn't stay above 51k , then we coming back down to 29k.
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Disclaimer
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.