We failed to make a higher high this week so more downward in store. However we won't go crashing to 32, 30, 28, 22, 17, 12, 6, 3, or 1k any time soon. There is a nice healthy trendline that will stop us at around 35k. Total chart confirms this same movement.
Comment
⋅
ah this may be invalidated. we made a higher high and this appears to be a bullish engulfing weekly candle. so up from here strong possibility!