It looks like we broke the parabola. Parabolas usually retrace 50% and up to 78.6%. Key levels to watch are the circled FIB levels. I don't think that we will go lower than 31.5k.
Comment:
It also looks like we are creating a bearish harmonic at the top. On the retrace, is should create a bullish harmonic that will take us past 40k. I know all of this is vague but if I draw it all in, there will be so much going on that the chart will look messy.
Comment:
Looks like we have a bearish divergence on the 1h BTC Market Cap Chart
