BTC STILL IN PARABOLIC RUN?

#BTC has been putting in massive gains in q1 of 2021. Will this trend continue? a daily close under 55105 will break us out of this current #parabolic run and possibly confirm a retest of the 0.5 #fib extension at about 45530. if that level holds, and bounces, then I would look at it as another long term #BTFD situation. But, I do consider that level already retested in the month of February, and it has since bounced and put in higher highs and higher lows. With the trend still in motion, I do consider our current dip as another long term buying opportunity.



THINGS TO WATCH FOR:

A BREAK UP AND 4HR OPEN AND CLOSE ABOVE 58950. (BULLISH TO ABOUT 62265)

A BREAK UP ABOVE AND A DAILY CLOSE ABOVE 62265. (BULLISH TO 82960-116400)

A BREAK ABOVE 116400 WITH A WEEKLY CLOSE ABOVE. (EXTREMELY MEGA BULL MODE INITIATE, POTENTIAL 300K+)

A BREAK DOWN AND 4HR OPEN AND CLOSE BELOW 51105 (SHORT TERM BEARISH DOWN TO 45530)

ANY 1HR OR GREATER TIME FRAME CLOSE BELOW 28795 (EXTREMELY BEARISH, WORST CASE SCENARIO)

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PARDON MY FRENCH