BTCUSD is to retrace to around 38k zone before testing 53k

Using law of supply and demand .... My view on BTCUSD is that it's gonna retrace to 38k zone before testing the equilibrium point @ 53k and sell back down to 29k zone fillup the imbalance in the market. This is not a financial advice, I might be wrong. Always do your own research by taking any decision.