It is too early to talk about confirmation of a reversal in the market, but at least more decisive signals of readiness for recovery began to appear. On the other hand, bitcoin and other coins continue to attract selling on the upside, indicating limited prospects for an uptrend in the foreseeable future. In other words, the picture of the market has improved somewhat, but not enough to bet on more confident growth, especially since the general psychological background remains unstable.
Now the task of BTCUSD for the next few days is to hold positions and not return under the $ 33,000 mark, the breakdown of which will bring the support of $ 30,000 back into focus. In a favorable scenario, the quotes will break through the level of 38 thousand and outline a path to 40 thousand, but so far it is not considered as a base one. During the day, Bitcoin is likely to consolidate in a tight range, oscillating around the $ 37K mark.