To start the new ascending phase, I need to break the yellow line, which confirms for me a high-volume failure in case of failure of the next resistance, 45200 and 48700. In case of failure, I expect a new ath from Bitcoin, but if the resistance of the yellow line does not fail. Expect a drop to the $ 39,000 range and a break to the $ 35,000 range if the uptrend line breaks in the 4-hour timeframe.
