BTC ATH or Sell off?

Updated
Bullish for ATH?
Seems to be in Yellow parallel channel and also W channel. Breaking out of Yellow prallel channel shodl lead to ~62K and above it should target 75K.Weekly expiry holds key.
Note
Violet support line respected and W pattern is still valid.
Yellow parallel channel resistance is next target. Then, clearing probable W Pattern resistance (~56735) might pave way to 61800. Movement today has to be quick else expiry may foul the play.
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