My next target is 127k. I drew 2 parabolic lines because BTC might go down more from here. So I estimated one parabolic line as BTC can stay above 46k and the other one 40k in daily candle. You can think of these 46k and 40k prices as 29k and 23k prices as I mentioned in the previous idea. I don't think BTC will close the daily candle below 40k dollars. If it closes below that price, I will re-analyze it but I honestly think it wont close it for sure. These prices are the daily supports so we might not even test the 40k support Honestly, I was going to go all in at 23k but Elon Musk didn't let us :) I'm accumulating BTC at these supports. I will even try to catch some spikes below 40k until 38k. 1.9 trillion stimulus package is on the table. So we will pump it up when Biden accepts the 1.9 trillion stimulus package. One of the reasons I don't think BTC will close below 40k is because CZ might have cut a deal with some big whales so he wont let BTC to stay below 40k dollars in a daily candle. He needs us. He might intimidates us with a spike below 40k :) but it'd be a opportunity to buy indeed :) Mark my words!
