Honestly in 60 days it can either go to $31K if the etfs are rejected or it can go to $50K if they are approved. It’s hard what will happen in the short term though.

During the NY session we got tons and tons of etf news and yesterday we had that bitcoin etf commercial. So it’s hard to be bearish at this time. However you know how it is. All it takes is a rejection of the etf, mt gox coins moving, ust moving, etc and the trend can change.