Holla, wanted to make an update about where we are right now, and what I would expect. This is more of a ‘’ what’s up post’’ , since conclusive sign have yet been made, proving the start of a cycle. As a BC , which would be signaling officially a stop of the current trend. And will make another post following up whatever is gonna unfold when market move some more.
Will leave a the bottom of the idea a scribble, and some explication overall about what I would expect on the longer term and what I see on the bigger time frame.

As for right now, I see the market being into a minor re-accumulation between 46k & 48k , from where I would expect a push to 50k-52k. Then from there, I wanna evaluate what happen, but I will expect a BC ( into a scenario that price get stop at that area) and then a move back to test the 47k-45k area. But this is still early to tell.

For having the current re-accumulation confirmed, I do need to see a break upside 48k & retest of the range to consider 50k-52k. Considering the heavy supply that did still show up at the area during the 28 & 29 th March. Which still made possible demand getting absorbed there for price going all the way back to 43k-45k.

And now, about the longer term.

It is looking exciting. This is just a speculation, but I do will expect some time of re-accumulation between 42k-52k. But as I said, the cycle did not show an actual confirmation that it started yet.
Here a scribble of the scenario. Only being scribble since I am against drawing any time of trying to predict a cycle.

WEEKLY
But the weekly does look good for it. And signaling that heavy buying is in fact coming in, and the overall player of the market right now. As for the weekly;

Will make my writings bigger next time, so it’s easier to read and nobody goes blind.