Possible scenario based on FRT. In short term we could hit 31k, and in short term we could also see a 40% pull back down to 18k or wick into 16-17k then pump back up to close to 40k.
With the price higher than before, a sell off is not at all far fetched. However, if the prices do go down to 18k again that would be a huge discount for all parties to buy back and gain from the difference. This action would cause another surge of price action buy:sell orders. This may also drive another short-term Atl Season.