Support is at 53k but MACD Divergence has Bulls Eyeing 62K Early

In the Bulls Favor:
• Bullish divergence in volume
• Possible Double bottom being printed
• H4 Buy signal appearing on SSL Entry/Exit Indicator

In the Bears Favor:
• Resistance at top of downward channel has not been broken and confirmed
• 51,000-53,000 Supply zone has not yet been retested on the weekly timeframe
• Recovery and Supply Chain delays may prove inflation to be temporary causing a slight correction as some capital flows out of crypto and back into other markets
• S&P500 broke Dynamic support on daily yesterday and could be heading into a red week.