53K is a key for BTC

as you can see we have nice reactions on 38.2%, 50% and 61.8% time lines. it projects the second bullrun (2015-2017) on the the end of last big correction which was COV-19 effect

on the other hand, bitcoin has ignored a major pivot on 53K, so we could expect an outstanding reaction...

at the end, we have a long term trend line which is more tha 600 days old with 3 major reactions which makes it valid ...

let see what will happen on 78.6% time line ...