One thing worth noting is that the weekly RSI/Stochastic has never been this oversold for this long. All the while price action remains squeezed between the weekly 50/100 EMA's. I suspect the next week or two will be the most important closes to date. If your a Bear, a loss of the 50EMA is your objective with a weekly closing candle. If your a Bull a break back over our current range to over $40K would renew the next leg higher.
JT