Welcome to this analysis about BTC . We are looking at the daily and weekly timeframe perspective, the recent events, the established daily parallel channel and weekly symmetrical triangle. BTC hit all my 3 main horizontal supports mentioned by green line. It bounced from 40K support zone which is bottom line of Gaussian Channel, ichimoku cloud and our parallel channel. It is obvious there is a huge buying demand at that level and price goes down to its mean reversion. We can create our uptrend from this point but if DXY goes up and S&P drops I expect BTC to go down to the last support area that is 38K and at the same time our golden pocket zone 0.618 fib level/ from 28.8K to 53K/. It is bottom line of our weekly symmetrical triangle and has to hold keeping bullish perspectives. But for bullish continuation we need BTC weekly candle close above 21 weekly EMA. 38K is the strongest daily - weekly horizontal and diagonal support. If we lose this level and close weekly candle below 21 weekly EMA, more likely we are in a bear market and BTC topped at 65K. But if we see strong bounce from 38-40K level to 47K then 53K and close candle above 53K and make new ATH BTC will enter to super cycle and we'll see 100K + in this bull run which I think is going to end by 2021 or max Q1 2022.