128MA will meet the lower band of Ichikumo cloud around 53k

I don't like to see BTC below 58k however If we want to put our emotions aside and be rational we need to look at good indicators. For BTC, 128MA and Ichikumo cloud work very well.

I speculate that The lower band of Ichikumo will meet 128MA and we'll bounce from there.

The same scenario happened before if you look closely. Happy trading.