I think this is a crucial price range

Firstly, I am not convinced that technical analysis does not work with BTC.

But maybe more significant is that Bukele and Saylor being ahead, even a relatively small amount, will contribute to a feeling that they indeed know what they are talking about.

I am sure a steady climb in price is very helpful for both adoption in El Salvador and perhaps most important, vendors who accept BTC being willing to hold onto it and even their suppliers being willing to accept BTC directly -- this would mean that over time perhaps a very large amount of BTC circulates in the ES economy and is therefore not available for trading.

This could have a snowball effect.