Also bitcoin is also touching back again at $43k so guess we have another round to try out if bitcoin could able to reach at $50k this month.
That's a tall order in my opinion. It would have to take out a great deal of old resistance to get above $50K. I don't see it happening, but I've been wrong before with how bullish this market is. I personally think $48K is about as high as we can hope for in the near term. Maybe if an ETF does get approved in early January we'll see a candle take us up near the all time high, but to me it seems too early in the cycle for that. I would be expecting a heavy correction at that point, but maybe FTX holding down the market caused more built up buying pressure than I had assumed.