Since the last daily update bitcoin has gone into “flat mode” (kama efficiency ratio below 0.30), in this mode you can expect the oscillators to work fairly well so that the widespread stochastic oscillator gave you a nice buy signal a few days ago.
I believe that today or tomorrow at the latest bitcoin is going to recover the Kama average at $35,900.
It remains to be seen in which direction the kama efficiency ratio will confirm the next trend on the daily chart considering that the situation on the weekly remains a bit unfavorable to the bullish while the monthly one is not, as I said in the previous long term update of January 19.