According to this pattern BTC will go back up to 63k. I posted 2 days ago about this pattern. And as you now that is a bullish pattern, which has a high probability for breaking up. We already saw the confirmation. good luck!
First chart for me. An idea from Mr Plan₿. August closed above 47k (47200) September closed above 43k (43600) October.... (63k?) November.... (96k?) December.... (135k?)
After a distribution from ATH's at 58,000, BTCUSD took a breather accumulating between 43k-53k. There is currently no reason it can't go higher especially considering stimulus pushing more money into equities and the US economy. I have marked up the measured moved from Bitcoin's former high and cloned it on to this move. This could be a valuable reference if price...