The price was for a long time below the 30,000 support level, and once it is broken, the price will try to test higher levels before we reach a stability point at $34,000 for the next four months, if the upward trend continues to be 42,000 to 45,000.
Yes, but as soon as we touch it, the market goes down to the lows of $36,200. So not sure what kind of indicators have we reach as the price didn't hold and we have seen this kind of movement before. Hopefully I could be wrong as I'm thinking that this could be another sideways pattern.
But barring all circumstances, I think we should be at least in the $40k'ish this November-December.
Maybe we will retest $37k again and then move past forward as we are in the bullish sentiments. Maybe there are just sell orders at that price earlier and so it automatically sold by some short term speculators.