This can happen if either bitcoin resumes its bull run and continues towards 65k to 75k thursday, friday, or weekend.
However, two factors that make me consider a bearish side.
Cathie wood + insider selling on wednesday. Yet price still moved up. Questionable if the removing of sell pressure can cause an upwards spring. Bitcoin failing to v shape recovery off of 58.5k - 60k range. Looks like it wants to accumulate. However, can be a nice bart pattern setting up as seen exactly on Oct 25.
I got call options, COIN will turn ultra bullish as soon as $500 is cleared. Then it runs to around $1000.
Bullish for now, even a red day for BTC has COIN green.