If BTC can break the trend line AB it might have the potential of reaching point C, which is $56,000. Supporting this the market structure has previously made a HH and HL, so in that sense, if the BTC is looking to make another Higher high, it will have to break the previous ATH. Which is good news. But yet remember And "M" pattern is also made already, but if the bullish pattern continues, it will make a "W" pattern which is another bullish sign, so we will wait and see what is going to happen.
**NOT FINANCIAL ADVICE, I AM NOT A LICENSED FINANCIAL ADVISOR**
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