We should carefully use our words, "impossibility" weighs more than you measure it here. Nothing is impossible in the market, you will just see it happen and will be so astonished by it. Fine, this seems impossible, nonetheless, the level is not so far from the market price. Who knows tomorrow if dangerous news of Bitcoin rejection will make it possible? This is why I would rather say that it doesn't look "feasible" that $35,000 can be hit again this year instead of using the impossibility. The market is so bullish and it has been hesitant to pressure lower with significant effort no matter how hard it tries.

This, I'm afraid might continue till the end of this year as this year is almost gone, we have barely 8 days before it ends. However, the main support level now is around the psychological level of $40,000 and the lower level of one of the weekly chart Fibo points at $39,200. I don't think these two levels would be significantly breached lower for now, the market might try but it will likely fail. But a breach of them might be catastrophic as well, as the breach might cause more bearish pressure that might be attempting to target the $35,000 level. For this to happen, there must be a consistent bearish price action on the weekly chart. The market attempted it last week but failed to be consistent in that regard this week as the bears too over again.