Price is in a general uptrend to 40k zone. There are many buyers but as the price rises there will more sellers too. than means a downtrend can form at 29500 zone to 25k or 24k. You do not want to buy the price at 29k for sure.
Kommentera:
Update to this idea: watching the recent BTC price action, the chance of this happening is 1% only and BTC will most likely pass 29k and reach 40k zone.