With the recent pumps of the market, I am not expecting we will fall below $19,000 this week. If you take a look, we are fighting the $21,000 level.
If ever we will not fall below $20,000 this week, I am expecting Bitcoin is creating a support level of $20,000 and it is good thing so that it will help not to reach the $18,6000 anymore.
Yes, bitcoin is still struggling to rise and break through $21k but the thing is, it's still a question mark whether bitcoin can really break the $21k mark this month or will it still hold its current price.
Closing this week above $20,000 is a good thing for me right now. Look how the $20,000 level is really important these days, when Bitcoin back to $20,000 it was immediately pushed above $21,000.
I'm very bullish for short term right now until the end of this month. I am still not convinced about the mid-long term market structure.