it maybe fail if USDT.D rise and broke from top.
If you compare USDT.D and BTCUSDT you can see that on 25 mars USDT.D start to dump from 3.25 and BTC grow and it seems that it repeats.
I think we are far enough from bottom of arc and needs to touch bottom and start to grow again. I think we will be see correction until March.
bull market start on jan 2017 and reversed on 3.618 fibbo and bull market start jan 2020 and touch 3.618 fibbo!! may be bearish market begin? What is your idea? of course todays fundamentals is against bear market!
if reject 1.1760 it will be go down to 1.17 or even down.
In Daily Chart , there is a pullback to trend line and if pullback happen you can buy when it returns from there!
If you think history happened again like me see this!