Ultra important level!BTC / Tether PERPETUAL FUTURESMEXC:BTCUSDT.PDAtraderTVThis is now or never for BTC to rally to a new ATH. As you can see this level is a very important level in the price action history of Bitcoin. If you ask me, I think this level is NOT going to hold, we're still in a bearmarket, we just rejected from Daily 200 MA, and historically in the past 2 bear markets, this exact scenario led to more nuking. I think we are going to see a revisit of the $62.000 area pretty soon, because there sits Weekly 200 MA, but the bottom is going to happen somewhere below Weekly 300 MA, in the low $50k area. Best case scenario for bulls is a break above the 200 Daily MA with a succesful retest and rejection to the upside. Best case scenario for bears, is a full break below the triangle I just drawn.