I'll let the chart speak for itself. Just matching up BTC chart with bubble psychology. Could very easily go to 50k in my opinion, so take with a grain of salt.
Just made a huge run up to 5900. We've created what I would consider a bullish pennant. However, somethings to consider is we have not retraced yet to .618 after the $1000 move. RSI has been over 70. We are also veryyy far from the SMA's. 30 SMA on the 4 HR is 5233! With that being said, I would not be suprised to see this break up to 6K before a retrace. Will go...
Huge test at 4200ish Major trend line and .618 FIB.