We are still oversold on weekly and monthly on the ( ) for Bitcoin . When price reaches these extreme levels, a reversal is always possible so always bear that in mind and be cautious.
In a worse case scenario we go down to $20,000. But you also have digital asset managers such as Grayscale Investments heavily accumulating Bitcoin at these current prices so it's difficult to tell. However, The overall trend is still positive for Bitcoin .
Cheers Everybody. Much Peace and Love.