Bitcoin is ranging $BTC/USD

We can clearly see that bitcoin is ranging (weekly) and is under the moving average. This is may be redistribution where we will linger towards the downside. Or, it may simply be accumulation, but you can forget about the 100k calls until later this year. If we break down further we can revisit the 30s. I think this is unlikely and that we continue to range above 40k. BTC