There were lots of times we return and pass $27k but we then fall down immediately but right now after checking the price, we are now at $29k. Your analysis were fail before but it's now correct. Positive sentiments can come to us crypto lovers but there are some sentiments which are against to it. The SEC for example and it might be the one who is responsible for the dip last time. US country are also affected but I think buying shares from a crypto company was still allowed. Maybe that is their reason for doing that.
Well, exact prediction of price need tons of experience which i do not have, so i just predicted the price on the basis of knowledge i have, and yet it proved to be true but to some extent only. As i did not think it will touch $31k in this week, tomorrow will be next week and i can see some correction in the price is already started and in my thought next week will be a correction week.
Which means, it will be healthy for market and after that market could go for $40k, of course it will not directly touch $40k but there will be some technical resistances will be made too.
Let's see where BTC will take us, i am pretty sure about $40k soon, idk why? But currently all sentiments are in favor of crypto, like SEC, CFTC, USA government, IMF, other countries are making steps in favor of crypto. This all help BTC to cross $40k.