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Bitcoin the idea that makes some money

184
Monthly in Red, weekly in Blue, short term in Pink
We are at Monthly fib level 23.6%, now I am biased that as a support because C wave of ABC which has started on 12/20 has not reached 100% yet, 52K - 54K area is a confluence of weekly and short term fib levels.so let's go to that confluence and decide the next steps. I don't want to write a lot and take your time as long as Chart is talking to you. It's my opinion, do your DD. Good luck.
הערה
See the importance of every line in the chart, the dotted black line was perfect to be touched and then retracement started again and now 23.6% in red has become resistance.

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