BTC - 3 Additional options for the current location

The current rejection and move back below the top of the trading range at 25k is not a good sign
BTC has not even once been able to close a daily candle above the top of the trading range and keeps getting rejected.
There are 3 possible options on what can occur next.

1) BTC bounces at the MA20/MA50 which is the area between 23500 and 22600 and then breaks above 25k once more

2) BTC fails to bounce at the MA20/MA50 and instead moves lower to the next support at 18k

3) BTC fails to bounce at the 18K support area and drops lower to 12k