JPMorgan (Feds's market agent/proxy) said target was 35k ... since then price has targeted and oscillated around 35k as if in frequency response to an unsophisticated 2nd order controller.

... wrap a control loop around any market price using options/futures as your input and unlimited control authority (fiat slush fund impervious to losses) and dial in the set point

... these AI neural net controllers are more sophisticated again, adaptive, large state sets, cross-coupling with external variables add in some kalman filtering, stochastics, dynamic programming etc to the witches brew form the quants