BTC correction before going long

BTC has found some resitance in the red rectangle area, which is in the the bear trendline that started on April 14th ATH.
It still has to correct this last 18% upside. The .618 mark to enter would be the $50282 price. If after hitting that price, it breaks the bear trendline at around 53-54k, we will see it going again to ATH.
Just my opinion
This is not financial advice.
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