Will BITCOIN give non-believers one last chance to buy?

The title is catchy I know but it feels so strange to me that even after Bitcoin's recent jump, there are still people calling for 3000 or 1000 or 0! Lucky for them, Bitcoin doesn't seem to have entered its parabolic rise yet and before its does so, it may provide one last pull-back for accumulation.

At the moment, the price is testing the -4o Lower High trend-line that started on its All Time High (ATH). The contact point is exactly on the 0.786 Fibonacci retracement level. Why are those worth mentioning? Because during the previous cycle, BTC tested both the -4o Lower High trend-line from its ATH as well as the 0.786 Fib, right before it started the parabolic phase of the Bull Market. But before it did so, that level was rejected, providing a pull-back towards the 1W MA50. That was the last good opportunity to buy before the price tested the ATH and never looked back.

So do you think BTCUSD will be rejected here, giving one last buy opportunity to those who missed the train at the bottom? Feel free to share your work and let me know in the comments section!

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