For the previous few days, Bitcoin has been stabilising between $31,000 and $40.000. The bulls are presently trying a rebound after the bears failed to keep the price below the range's support. The relative strength index's positive divergence suggests that bullish momentum is building.
I think the price of bitcoin is still in a stable trend for now, but still there are many rejections from the financial authorities of several countries that can still cause the price of bitcoin will drop to price of $27,000-$28,000 and if there is no push at all in the market it will result in an extreme decline in bitcoin prices and if the support price of $ 24,000 breaks I think bitcoin will return to the price of $ 20,000 later.
Even so, there is still the possibility of bitcoin prices going up, especially considering the strong and solid fundamentals of bitcoin and the limited number at this time.