Further dumpage is unsustainable without coming up for air IMO.
We have yet to hit a level to show a strong reaction. This may happen at $33-34k. A random pump around this current level is likely a fake out. On the sidelines waiting for an impulse and will enter a long to touch around $38-40k
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33k it is, looking for air, setting targets around $38, $39, $40. Expecting sharp correction downwards favoring bears.
Catatan
If you took profits at 38k, wtg. This could still play out upwards of 41k. Nasdaq already recovering following FED meeting. Price is continuing on trajectory after panic sell.
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