BTC 60 chart (This weeks thoughts)

I'm not concerned unless BTC breaks below 38.5k USD, then my short-term bias will start to shift from long to more bearish.

We do have the 37.6k USD level for some support after but I don't see it holding much weight.

If bitcoin can slowly work its way up out of this 40k/38.5k price bracket maybe today or tomorrow, I think we are looking pretty good.

Then I reckon it's 200 EMA here we come baby.