It has to break 60 to go further up, but if it breaks 50, it can get ugly.
Why? 1. 4H shows RSI bearish divergence. 2. According to that gann square, it's between 4th and 5th arcs and it's shown a lot of resistance. 3. There's a head and shoulders on the making. 4. Volume is getting lower which may indicate that the bull run is coming to an end. 5. There's a lower high which retested 6k. 6. Daily MACD crossed down and RSI is overvalued.
Bitcoin Impulse Elliot Wave (5), might not make it to the 7000, or 6500; whatever happens then there's an ABC correction untill march or so, which will end at 3500 - 3000. Just an idea, we'll see what really happens.